Pru FRP - Personal Pension with SIPP Options

The personal pension within Pru's Flexible Retirement Plan (FRP) offers the following benefits for you and your clients:

Client benefits:

• Account style structure with a personal pension and income drawdown under the same product wrapper, allowing ease of transition between saving for retirement and taking an income
• Flexibility to adapt to changing circumstances. Payments can be regular or one-off and stopped or started at any time under one product wrapper, reducing administration fees
• Other pension funds can be transferred into the Pru FRP and the client may be rewarded for building up funds
• AMC discounts depending on the size of the fund and length of time invested in the plan. The SIF and the FRP Holding Account are excluded in the calculation of fund size but time in the SIPP options counts towards the loyalty discount for the length of time invested. Find out more
• Choice of investment options to suit different attitudes to risk and objectives, including portfolio funds and SIPP options. Find out more
• Flexibility to phase retirement, whether from the personal pension into a Pru annuity or by moving into our income drawdown plan
• Tax efficient
• Transparent charging structure, designed to provide your client with clarity over the cost of advice. Find out more
• No charges for the SIPP unless it's activated.
• Option to include protected rights in the Pru FRP. Find out more

Adviser benefits:

• Range of flexible and transparent remuneration structures which can be tailored depending on your business model. Find out more
• Trail commission provides a revenue stream to help your business model based on the ongoing advice clients will require.
• Product design supports an advice-led, multi touch approach to your client relationships, and enables you to tailor the solution to fit your clients' evolving needs
• Easy transition to Pru's range of award winning annuities or the income drawdown plan
• Protected Rights can be held under the FRP, easing administration as all pension funds are in one place. Find out more
• Access to a wide range of investment options to suit your clients' varying needs, including PruFund and our wide core range of multi-asset funds managed by the Portfolio Management Group* and the PruSelect fund range. Find out more
• Our Dynamic Portfolios giving you access to a unique combination of experts for asset allocation and fund selection - Prudential's Portfolio Management Group* working with Old Broad Street Research to provide a choice of five portfolios.
• Access to our SIPP options, administered by Suffolk Life, for clients seeking complete investment freedom.
• Dedicated pension transfer desk to facilitate the quick and efficient transition of your clients' existing pension pots across to the Pru FRP, saving you time and potentially money. Find out more
• Technical support from our specialist Technical Helpline
• Range of online services allowing you to get illustrations, submit new business and track the progress of existing cases online.
• Range of online tools and calculators to help you understand our product and how it can benefit your clients. View tools
• Comprehensive range of marketing literature, including client case studies, approach letters and suitability paragraphs to help you with client segmentation, targeting and the end to end sale.
• Local account management support from our regional sales units

* The Portfolio Management Group (PMG) are a team of professional investment specialists within the M&G Investment Management Ltd.