Important information 

We no longer accept new investments into our Retirement and Investment products.

The terms of our underlying guaranteed benefits have not changed and our customers continue to receive the same benefits and certainty provided by their policies. The closure to new investments has not affected the management or performance of our underlying investment funds.   

Although we are no longer accepting new investments, we have a range of unit linked funds that are available should you wish to switch your funds. Please see our Fund List for more details. 

We remain committed to providing high levels of customer service and ensuring that our products continue to deliver fair outcomes for our customers.  

Our historic Retirement and Investment policies continue to provide Income and Capital guarantees across a range of tax wrappers 

For customers already invested in products, our Retirement, ISA and Onshore & Offshore investment policies continue to provide flexibility and certainty. All policies are invested on one or more of the following options/funds: 

1. Secure Income Option

The Secure Income Option provides a guaranteed level of income for life, even if the underlying fund value runs out of money, along with a guaranteed death benefit.  Additionally the guaranteed level of income has the potential to increase through:

• lock-ins of positive investment performance above the existing guarantee level 
• guaranteed Income Deferral Increases, where customers choose to delay taking their income.

2. Secure Capital Option

The Secure Capital Option provides a guaranteed capital amount at the end of the selected term or when a death claim is paid. Keeping the investment in this option protects customers from stock market falls whilst at the same time providing the potential to increase the guaranteed amount payable through lock-ins of positive investment performance above the existing guarantee level.

3. Non-guaranteed Funds

We have a small range of non-guaranteed portfolios. Please see our Fund List for more information.

We offer a variety of downloadable forms for you to complete in our Document Library.

* Please note that Payments Out, e.g. ongoing adviser charges or non-guaranteed withdrawals, may proportionately reduce the value of the guaranteed benefits provided by the Secure Income Option and the Secure Capital Option.