Adviser > News > February 2010 > Important changes to the minimum retirement age
Important changes to the minimum retirement age
Information on how this will affect Scottish Life policyholders.
On 6 April 2010 the minimum age that pension benefits can be taken increased from 50 to 55. This is an industry wide change introduced by the Government.
We recently issued a reminder letter to our policyholders who currently have selected a retirement age of less than 55 telling them that we'll shortly be increasing this to the age of 55.
We also sent a letter to our policyholders in August 2009 telling them about the main facts they need to know – in particular how their policy with Scottish Life could be affected.
Help is at hand
We have set up a Helpline on 0845 60 50 050 to provide further information about this change. This will be available from 8am to 6pm, Monday to Friday. We are committed to delivering excellent customer service so we may record and monitor telephone calls for training and quality control purposes.
If you have any queries about the mailing please call us on the helpline number above or call your usual Scottish Life contact.
For professional advisers only
