Important information about early retirement

With Profits customers retiring early should consider that they:

• May be subject to the application of an MVR.
• May lose out on investment growth if their policy / plan has a guaranteed minimum annual growth rate (Contractual Annual Interest / Contractual Minimum Addition applies, at varying rates, to certain vintages of plans).
• May lose on their pension if their plan includes a guaranteed annuity rate and they buy their pensions from a different provider.

Early retirement forms

• Legacy Personal Pension Plans (Q19789) (pdf - 449 KB)
• Current Personal Pension Plans and Occupational Pension Plans (Q19790) (pdf - 449 KB)
• Legacy Occupational Pension Plans and Buy Out Plans (Q19791) (pdf - 449 KB)