Meeting your needs
A pension scheme is one of the most important benefits an employer can offer its employees.
Our executive pensions offer you and your employer the benefits of a transparent flexible pension product with wide investment choice, payment flexibility and control over how and when you take your benefits at retirement, subject to HM Revenue & Customs (HMRC) rules.
The size of your pension fund and the benefits it provides in retirement will partly depend on the investments you choose. When deciding where to invest you should bear in mind that the value of funds can go down as well as up and that you may not get back the full amount invested.
Contribution flexibility
We do not impose a minimum contribution limit so you and your employer can choose how much to invest, subject to any contributions you make being tax relievable.
You and your employer can make single or regular contributions and stop, increase, or decrease payments without penalty.
Investment flexibility
Both executive pensions allow you to invest in the Tailored Selection and the Elite Fund of Funds Range. The Self-invested Executive Pension also offers access to a broader range of permitted investments.
It is simple to switch between plans, so you can select the most appropriate level of investment sophistication for your retirement objectives.
Retirement flexibility
Winterthur has a range of options providing you with flexibility over how and when you take your benefits.
You do not need to decide how you wish to take your benefits until you are ready to take them, subject to HMRC rules.
You cannot access your benefits until age 50 (age 55 if benefits haven't been taken by 6 April 2010).
Transparency
You enjoy a clear, transparent charging structure with no penalties if you choose to vary contributions, retire early or transfer to another provider, although you may incur charges from the receiving scheme if you transfer.
For more information contact your Financial Adviser or find a Financial Adviser in your area.
