Deferred Annuity Contract (section 32)
Allowing you to take charge of your client investments.
The LV= Deferred Annuity Plan is a perfect tool to invest the transfer value from an employer sponsored registered pension scheme in to a wide range of funds.
Clients who 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
- those with a pre A-Day tax free cash entitlement greater than 25% of the fund
Transferring to a Deferred Annuity Plan lets you take charge of your clients' investment and gives back control over how and when they should take their benefits.