News from Ascentric about your investment platform

As you know, your Financial Adviser uses the Ascentric platform to help manage your investments. We’re responsible for safely investing your money, as you or your Adviser have instructed us to.

As a valued client and platform customer, we wanted to let you know that Ascentric is now part of M&G Plc, effective from 1 September. M&G plc is an international savings and investments business with a heritage dating back more than 170 years. It serves its customers under the Prudential brand in the UK and Europe, a name you may be familiar with, and under the M&G Investments brand for asset management clients globally. A part of the FTSE 100, M&G plc is one of the largest and financially strongest financial services businesses in the UK. You can find out more on M&G’s website.

We’re looking forward to the future as part of the M&G family.*

What this means for you and your investments

There’s nothing for you to do and very little is changing in the short term. Your Financial Adviser will still work with us as they’ve done previously. And, you can contact us in the same way as before.

The way we look after your cash stays the same and you’re covered by the Financial Services Compensation Scheme as you’ve always been.

The only thing you may notice is that we’ve removed references to the Royal London Group from the Ascentric website and literature and we’ll start replacing them with information about M&G plc.

Looking ahead

Ascentric and M&G share a commitment to putting you and your Financial Adviser at the heart of our future plans for the platform. And, we’re looking forward to working with our new colleagues to continuously improve our digital capabilities and your experience.

If you want further information about the sale please speak to your Financial Adviser.

Rob Regan

* We’re proud to be part of M&G plc. With roots stretching back more than 170 years, it 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 in 28 markets around the world. M&G plc has £339 billion of assets under management and administration (as at 30 June 2020), and we serve around 5.5 million retail customers and more than 800 institutional clients.

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