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Scottish Equitable targets EPP market

Scottish Equitable is targeting company directors in the run up to stakeholder with the relaunch of its Executive Pension Plan, offering single-charge, pre-stakeholder terms for the first time.

Terms range from a pre-stakeholder shape with an annual charge ranging from 0.75 per cent to 1.5 per cent per annum, with commission reflecting expenses and amount of worked involved for the IFA.

ScotEq marketing director Ken Hogg says: “We recognise that stakeholder is driving pension charges down, but we firmly believe that independent financial advice continues to play a crucial role in retirement planning.”

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