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Scottish Life – Retirement Solutions – Group personal pension

Monday, 12th February 2001.



Type: Group personal pension.

Minimum premium: £750 average per member a year.

Minimum-maximum ages: 0-74.

Fund links: Pensions managed, deposit, defensive managed, UK equity, UK ethical, UK mid-cap, European, American, Pacific, property, fixed interest, index linked, global managed, worldwide, security 100, security 98, unitised with-profits, Fidelity managed equity, Fidelity UK growth, Perpetual managed equity, Perpetual UK equity, Phillips & Drew managed equity, Phillips & Drew UK equity, Scottish Life/Schroder Hermes UK index tracker, Schroder managed balanced, Schroder UK equity, Scottish Life International 100 per cent protected UK index, Scottish Life International 100 per cent protected US index, Scottish Life International 100 per cent protected Japan index, Scottish Life International 100 per cent protected Europe index, Scottish Life International 100 per cent protected multi index, Scottish Life International 98 per cent protected UK index, Scottish Life International 98 per cent protected US index, Scottish Life International 98 per cent protected Japan index, Scottish Life International 98 per cent protected Europe index, Scottish Life International 98 per cent protected multi index, Scottish Life International protected UK with bonus, Scottish Life International protected US with bonus, Scottish Life International protected Japan with bonus, Scottish Life International protected Europe with bonus, Scottish Life International protected multi with bonus, Scottish Life International protected.com with bonus, Scottish Life International protected worldwide with bonus.

Charges: Annual – internal funds – 0.45-1.35 per cent for regular premiums, 0.45-0.75 per cent for single premiums and DSS contributions, 0.2 per cent for transfer values. Additional charge of up to 1 per cent if fund based renewal commission selected. External funds – 0.45-2.3 per cent for regular premiums, 0.45-1.7 per cent for single premiums and DSS contributions, 0.2-1.15 per cent for transfer values. Performance related fee for Scottish Life International 98 per cent protected multi index and Scottish Life International 100 per cent protected multi index 0.15-0.4 per cent.

Allocation rates: 100 per cent for regular premiums and transfer values. 95-100 per cent for single premiums and DSS contributions.

Minimum term: None.

Options: Life assurance, income protection, payment protection.

Special offer: Minimum annual charge for transfer values reduced to 0.2 per cent.

Offer period: Until further notice.

Commission: Initial 0-30 per cent, single premiums and DSS contributions up to 5 per cent, renewal 0-5 per cent, fund based 0-1 per cent, level 0-6 per cent.

Tel: 0131 456 7152.

 

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