Financial Strength


MGM Advantage is an award-winning company specialising in providing innovative retirement income solutions to help people make the most of their hard-earned pension savings when they retire.

Since repositioning ourselves as retirement income specialists in 2008, we’ve exceeded our challenging sales targets every year and secured an impressive market share for our products.

Our 2011 Report and Accounts, shows that we currently have £1.9 billion of assets under management. MGM Advantage Annual Report and Accounts 2011 pdf (13MB)

The MGM Advantage AKG Report for 2011 awarded us a rating of B (Strong) and showed that our capital resources were over 250% of the required minimum level, based on the Returns to the FSA as at 31 December 2010.

Another widely-used measure of a company’s financial strength is the amount of realistic free assets divided by the realistic liabilities, known as the Realistic Free Asset Ratio. The most recently audited figures (December 2011) show MGM Advantage has a Realistic Free Asset Ratio of 9.6%.

MGM Advantage is regulated by the Financial Services Authority and covered by the Financial Services Compensation Scheme.

Please download our About MGM Advantage (pdf 430KB)