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Holden and Friends go ethical on stakeholder

Holden Meehan Independent Financial Advisors and Friends Provident are launching an ethical stakeholder pension plan in a joint initiative this month.

The main features of the plan include flexible contributions which can be paid at any time and the facility to accept transfer payments from other approved pension arrangements.

The plan also has no set up charges, member policy fees or spread charges when cashing units with a personal retirement account for each member.

Friends Provident head of stakeholder strategy Paul Stanbridge says: “The ethical stakeholder offers the ideal product for the growing number of people who want to make a good return on their money but also want to play their part in protecting the environment.”

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