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Equitable Life launches pre-stakeholder plan

Equitable Life has launched its stakeholder-style pension which will include full financial advice.


The Equitable 2000 personal pension plan offers a management charge of 0.9 per cent a year, just below stakeholder&#39s one per cent margin.


The product will also feature no minimum contribution, no initial charge, penalty free exit and no penalties for stopping and starting contributions.


Equitable Life managing director Alan Nash says: “We believe the product is unmatched in today&#39s market, providing a combination of stakeholder-compliant charges with a full range of services.”

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