We're part of the M&G plc family

Who is M&G?

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 31 December 2019.

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 £367.2 billion of assets under management and administration (as at 31 December 2020) and serves around 5.3 million retail customers and more than 800 institutional clients.

M&G plc reported a shareholder Solvency II coverage ratio of 182% as at 31 December 2020.

What is our connection to M&G?

Ascentric is a wholly owned subsidiary of M&G plc. Ascentric’s financial strength was rated B+ (“Outlook Very Strong”) by AKG (September 2019).

Acquired from Royal London Group in May 2020, Ascentric is a digital wrap and wealth management platform known for championing quality financial planning and advice.

The acquisition is part of the strategy at M&G to grow their business in this important market. Expanding the range of service propositions for financial advisers and their clients.

Visit M&G plc to find out more.

Related content

Gender Pay Gap

We have published our Gender Pay Gap data showing the pay and bonus gaps between men and women across our business.

You can see the numbers and read the report here