Prudential Planning Solutions
We're committed to supporting financial advisers as you respond to tax planning opportunities.
We have identified our key product areas and advice gaps that could arise during client discussions. All clients are different. Some are able to use their tax allowances to good effect. Others may have gaps to fill as they save and plan for the future.
To help your clients' save we offer a wide range of tax-efficient savings wrappers and investments.
The value of any investment can go down as well as up so your clients might get back less than they paid in.
Information given is based on our understanding, as at January 2020, of current taxation, legislation and HMRC practice, all of which are liable to change and subject to an individual's own circumstances. Terms and conditions of products are available on request. The level of charges may change in the future.
Investment Products
| Product | Contribution Limits | Tax relief on contribution | Tax on income |
|---|---|---|---|
| Prudential ISA | Available from age 18. Minimum of £500 or £50 per month up to £20,000 (2017/18). |
No | Tax-free |
| Prudential Investment Plan | Available from age 18 next birthday. |
No | Annual tax-deferred allowance of up to 5% of the amount invested |
| Prudential International Investment Bond | Available from age 18. Minimum premium of £20,000 |
No | Annual tax-deferred allowance of up to 5% of the amount invested |
| Prudential International Investment Portfolio | Available from age 18. Minimum premium of £50,000 |
No | Annual tax-deferred allowance of up to 5% of the amount invested |
| Prudential Onshore Portfolio Bond | Available from age 18. Minimum premium of £15,000 |
No | Annual tax-deferred allowance of up to 5% of the amount invested |
Retirement Products
| Products | Contribution limits | Tax relief on contributions | Access |
|---|---|---|---|
| Prudential Retirement Account | No minimum age. Maximum investment of £1 million. |
Yes, at source | From age 55 for Pension Income Account |
Retirement Account
A Flexible Personal Pension which allows your client to save through single or regular payments, transfer from another pension and take income flexibly.