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GE Life – Section 32 Transfer Plan

GE Life

Section 32 Transfer Plan

Type: S32 pension transfer plan

Minimum premium: Lump sum 3,000, 50,000 for deferred drawdown

Minimum-maximum ages: 18-74

Fund links: Choice of 26 unit-linked funds from GE Life and 15 externally managed funds from Fidelity, Invesco Perpetual, Liontrust and Newton

Options: Deferred drawdown

Charges: Annual 0.2-1.8% for transfer values up to 100,000, 0.1-1.7% for transfer values over 100,000, fund links annual 0.36-1.65%

Allocation rates: 94%-100%

Commission: Initial up to 6%, fund-based renewal up to 1%

Tel: 0845 600 1413


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