M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Corporate Centre. The Asset Management segment offers investment management capability which is offered to both wholesale and institutional clients. This segment also manages a significant proportion of Life and Wealth assets manages. The Life segment offers a range of retirement, savings and investment management solutions to its clients; these products are distributed to clients through the wrap platform, intermediaries, and advisers, and include the Retirement Account a combined individual pension and income drawdown product, individual pensions, individual savings accounts, collective investments, and a range of onshore, and offshore bonds. It offers retirement, savings, and investment management solutions and products, such as equities, fixed income, multi-asset and real estate. In addition, the company provides pension funds, insurance companies, financial advisers, wealth managers, and other distribution. The company was formerly known as M&G Prudential PLC and changed its name to M&G plc in September 2019. M&G plc was founded in 1848 and is headquartered in London, the United Kingdom.