M&G plc is a leading international savings and investments business, managing investments for both individuals and for large institutional investors, such as pension funds. Its financial strength was rated A+ by Standard and Poor’s (outlook ‘stable’), Aa3 by Moody’s (outlook ‘stable’) and AA- (outlook ‘stable’) by Fitch, as at 30 June 2021.
With roots stretching back more than 170 years, M&G plc has a long history of finding innovative solutions for its customers’ changing needs. Today, it brings together a diverse set of asset management capabilities and insurance expertise to offer a wide range of solutions for different types of customer in 28 markets around the world. M&G plc has £370 billion of assets under management and administration (as at 31 December 2021) and serves over 5 million retail customers and more than 800 institutional clients.
M&G plc reported a shareholder Solvency II coverage ratio of 218% as at 8 March 2022.
The M&G Wealth Platform is part of M&G Wealth, a wholly owned subsidiary of M&G plc.
The M&G Wealth Platform was previously known as Ascentric and used to be part of the Royal London Group until it was acquired by M&G plc in 2020. It's a digital wrap and wealth management platform known for championing quality financial planning and advice. In 2021 M&G Wealth Platform maintained a financial strength rating of B+ (“Very Strong”) by AKG.
“It can be difficult to differentiate in a crowded platform market. But the most successful platforms are those that do what they say they are going to do – and do it really well. My ambition for the M&G Wealth Platform is to deliver on these three elements of service, value and investment choice, all underpinned by a drive for sustainability, and quite simply do it better than anyone else. There’s plenty more work to do – but being part of M&G Wealth puts us firmly on the path to achieving that goal.“ - M&G Wealth Platform CEO Richard Denning.
Read more about our transition to M&G Wealth Platform here.
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The full year 2021 results for M&G plc are now available
We have published our Gender and Ethnicity Pay Gap data: