The Prudential Guaranteed Income Plan
14 July 2025
Find the perfect fit for your clients’ retirement
Are you ready to offer your clients a financial solution that fits like a perfectly tailored suit? M&G are thrilled to introduce the Prudential Guaranteed Income Plan – a bespoke approach to securing your clients' financial future.
What is it?
Available to Trustees of UK registered pension schemes, the Prudential Guaranteed Income Plan offers a secure and flexible way to support clients' retirement income needs - providing a guaranteed income, a guaranteed lump sum, or a combination of both, all held inside the client's pension portfolio, and backed by an investment strategy in the UK's largest With-Profits fund focused on fixed income assets.What type of clients might it suit?
The Guaranteed Income Plan is flexible to adapt as life changes, so it can meet a wide range of needs, but we think it’s ideal for people approaching retirement who want to:- Reduce their working hours while maintaining their income
- Bridge the gap before their state or workplace pension begins
- Secure a predictable income while keeping future options open
- It's also a great option for younger members who want a bit more certainty - offering a guaranteed return on their pension savings
Why choose it?
- Flexibility and control - allowing your clients to choose a guaranteed regular income, a guaranteed lump sum at the end of the term, or a combination of both.
- Full cash-in-option - funds can be accessed if needed. The amount paid will be based on the value of the remaining benefits at that time.
- Death benefit - on death before the end of the fixed term, funds can be passed on. The amount paid, will be based on the value of the remaining benefits at that time.
- Length of term to suit individual circumstances - the fixed term can be anything from 5 to 15 years.
- There's the opportunity for your client to receive a small bonus on top of the guaranteed income or guaranteed lump sum
- Easy and intuitive - a simple, two-screen quote and recommend process making life easier for you
- Expert craftsmanship - peace of mind that your clients' investments are backed by an investment strategy in the UK's largest With-Profits fund focused on fixed income assets.
Need more information
Ready to tailor a financial future that fits perfectly? Please get in contact with your M&G Account Manager to find out more. Alternatively let them call you back.Call me back
