1. Will clients and customers see any change in their service or the income they receive, or the investments they hold as a result of the demerger?
2. What’s the difference between M&G plc and M&G Investments?
M&G plc is our corporate name and the name that is listed on the London Stock Exchange. Under M&G plc there are two brands - Prudential and M&G Investments.
3. How is the demerger going to affect M&G Investments?
The demerger is a change to M&G Investments’ parent company – it does not impact M&G Investments’ customers, what the business offers or how it operates.
4. Does the demerger change whom you are regulated by?
The regulated entities through which we serve our customers are not changed by the demerger.
Because M&G plc will not have a secondary Hong Kong stockmarket listing, we will not be regulated by the Securities and Futures Commission of Hong Kong, as we were as a part of Prudential plc.
5. Will you be giving policyholders and/or customers a windfall or bonus to mark the demerger?
6. Will you be writing to all customers about the demerger?
We will not be writing to all customer. At the time of the demerger itself we will be writing to institutional customers about our new corporate structure, because in some cases this is required by our investment management team.
7. What are you financial strength ratings?
S&P has given M&G plc an indicative credit rating of A- for the three substitutable hybrid debt instruments issued by Prudential plc in October 2018, and Moody’s is A2. Fitch has assigned M&G plc a credit rating of A+.
Please remember that the value of a fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.