- Skip to content [Accesskey 'S']
- Skip to navigation [Accesskey 'N']
- Go to Home page [Accesskey '1']
- Go to Site Map [Accesskey '3']
- Go to Search page [Accesskey '4']
- Go to Help page [Accesskey '6']
- Go to Complaints page [Accesskey '7']
- Go to Terms & Conditions page [Accesskey '8']
- Go to Contact Us page [Accesskey '9']
- Go to Access Key Details page (Accessibility information) [Accesskey '0']
The valuable features of your pension.
As a with profits customer, you should consider the following when:
Show all
Switching investments
- The value of your plan may be subject to the application of a market value reduction. For more information, see our Understanding market value reductions factsheet.
- If your plan has a guaranteed minimum annual growth rate (Contractual Annual Interest / Contractual Minimum Addition) you may get a lower investment growth rate from the fund that you switch into.
- You may be giving up valuable guarantees such as a guaranteed annuity rate.
Transferring the value of your plan
- The value of your plan may be subject to the application of a market value reduction. For more information, see our Understanding market value reductions factsheet.
- If your plan has a guaranteed minimum annual growth rate (Contractual Annual Interest / Contractual Minimum Addition) you may get a lower investment growth rate from the plan that you transfer into.
- You may be giving up valuable guarantees such as a guaranteed annuity rate.
- You may lose life insurance and payment protection cover that are built into your plan.
Early retirement
- The value of your plan may be subject to the application of a market value reduction. For more information. see our Understanding market value reductions factsheet
- You may be giving up valuable guarantees such as a guaranteed annuity rate.
- You may lose life insurance and payment protection cover that are built into your plan.
There are other things you should consider in addition to the above.
There may be charges that apply to your plan on transfer or early retirement. Details can be found in your plan documentation.
If you need help understanding any of this information, please speak to your adviser.
How useful did you find this page?
User rating:
[Click a star to save your rating]
If you want to contact us, please give us a call.
Useful tools
Use these calculators to work out your final bonus amount online:
Your recently viewed items
You need javascript enabled for us to remember your Recently Viewed Items.
You might also be interested in...
Latest With Profits bonus declaration
Find out more about the latest bonus rates for With Profits policies.
Pensions and annuities bonus declaration
Read about how the latest bonus declaration affects your pension or annuity.
Register or log in to My Accounts
Use our free and secure online service, My Accounts, to find out the current value of your Legal & General investment or pension, seven days a week.
