Scottish Life Assurance

Newest Review: ... it is actually of no use to a pension scheme that Contracts out of the Second State Pension S2P (formerly the State Earnings Related Pension Scheme) as the company that produces statements for the membership have to mirror the data held by Scottish Life and record the data themselves, making it far easier to simply hold pooled investments and notionally unitise from the company HR department. All occupational pension schemes have an annual renewal date when fund values/benefit statements are issued to each member individually. This tends more often than not to be on 5 April to tie in with the end of the tax year. To obtain fund values on 6... more

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Scottish Life Assurance: IS A WRONG RESPONSE BETTER THAN NO RESPONSE AT ALL? (811 words)
by Gingaro - written on 11/12/02 (Very useful, 1015 readings)
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Just a quick op on Scottish Life and the service they provide to pension schemes. I am going to try and provide a balanced view of my experiences and would be grateful of other members opinions and comments about their experiences. Scottish Life offer 44 different investment funds for group schemes to invest within. These range from secure deposit funds to highly volatile equity funds. Actual investments for group arrangements can be paid either direct to Scottish Life's Edinburgh office by cheque and schedule or via their new Retirement Solutions system on the internet. This involves typing in the amount you wish to pay for each employee and then ...

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