Deferred Annuity (section 32)
Allowing you to take charge of your client's investments.
The LV= Deferred Annuity Plan is a perfect vehicle for investing the transfer value from an employer sponsored registered pension scheme into a wide range of funds which could be a particularly attractive option for those with a pre A-Day tax free cash entitlement greater than 25% of the fund.
Clients that could benefit from a transfer to an LV= Deferred Annuity plan include:
- those in Section 32 / 32a contracts prior to A Day
- paid up and active members of Occupational Pension Schemes, where trustees are winding up the scheme
- those with Occupational Scheme Benefits assigned to them prior to A Day
Transferring to a Deferred Annuity Plan allows you to take charge of your clients’ investments and gives back the control over how and when they should take their benefits.
To find out more visit our related literature or call us and we'll be happy to help.