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GE LIfe – Phased Drawdown Plan

Type:
Income drawdown plan

Minimum investment:
Lump sum £150,000

Investment choice:
Choice of 41 unit-linked funds from GE Life and external managers, discretionary pension portfolio via Cazenove, Morgan Stanley Quilter, Rathbones and Tilney, simplified Sipp and Sipp options

Allocation rate:
100%

Charges:
Unit linked funds &#45annual 0.36%-1.65% depending on fund, discretionary pension portfolio &#45 unit-linked charges apply plus self-invested option annual 1.2%-1.4% depending on fund manager and fund size, additional charges for investments above £500,000, simplified Sipp option &#45 unit-linked charges apply plus annual £100, additional 0.2% a year if investment in self-invested element is less than £100,00, Sipp option &#45 unit-linked charges apply, initial £290, annual £490, discounts available depending on fund size

Commission:
Initial up to 6%, fund-based renewal up to 1% a year, Sipp and discretionary pension portfolio subject to negotiation

Tel: 0800 1691111

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