Scottish Amicable is re-positioning itself in the pension market in preparation for the post stakeholder pensions environment.
As part of the initiative the life office is repricing many of its key pension products.
Among those being repriced is its the Income Drawdown plan which will have the establishment charge period cut from five to three years.
ScotAm is also increasing the allocation rates for its single premium pension contracts by up to 1.5 per cent.
Its director of pensions development John Glendinning says: "Our intention to adopt a more aggressive stance on pricing will help ensure Scottish Amicable develops a significant position in these markets.
"This is the first of a number of announcements that advisers will see from us in relation to the pensions market."