Adviser > Individual > Pension Portfolio – the clear choice for you and your clients
Pension Portfolio – the clear choice for you and your clients
Pension Portfolio is the pension your clients never grow out of.
Flexibility is the key to Pension Portfolio's adaptability - making it easy to tailor it to each client and to react effortlessly when their needs change.
Here are just a few reasons why we believe Pension Portfolio is the clear choice for you and your clients:
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Designed to last a lifetime
We've combined a competitively priced personal pension, a range of additional self investment options and drawdown functionality to create a 3-in-1 plan that can evolve and adapt to suit your clients as their circumstances change over time. -
Contribution flexibility
Because clients' circumstances don't stay the same, Pension Portfolio lets your clients pay in as much or as little as they like, whenever they like, within certain limits.Contributions at a glance
RPs
Minimum contribution: £100 per month / £1,200 per year
Contributions can be a percentage of salary or a fixed amount. A fixed amount can increase at a fixed rate (up to 10%) or in line with RPI.
SPs/TVs
Minimum contribution: £2,500 (no minimum if RPs are also being paid)
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Clear, pay-as-you-go charging structure
Your clients only pay for the services they use. Our highly competitive core charging structure has a management charge from as low as 0.35% a year depending on the plan value. -
Transparent commission options
Our flexible remuneration called Financial Adviser's Fee (FAF) combines the best of both fee based and traditional commission models and is in line with the RDR's proposed 'Adviser Charging'. You can take up to 7.5% of any single contributions and transfer payments and up to 75% of the first year's contributions for regular contributions. -
Complete investment solution
Our range of investment options makes the process of monitoring and updating your clients' investments as easy as possible - allowing you to be as hands on or hands off as you like. Our Investment Advisory Committee (IAC) regularly reviews the asset allocations of our Governed Portfolios so that they remain suitable for their stated risk and time frames. This helps you fulfil your TCF responsibilities and gives you the time you need to focus on building your business. - 5 star service that really matters
We offer dedicated support to work closely with you to ensure you and your clients get what you need. For example, our dedicated new business consultants will proactively chase ceding providers for any outstanding payments - saving you the time and hassle of having to do this yourself. Our comprehensive online service also aims to reduce the time you spend on administration, allowing you to focus on activities that add value to your business.
Are you missing out?
For more information about Pension Portfolio or to request an illustration, then please
- contact your usual Scottish Life representative or
- call us on 0845 60 40 800.
Please note that transfers are complex and production of a transfer value analysis may be necessary as part of the transfer process. You should ensure that any recommendation you make follows your own internal compliance process and adheres to FSA suitability requirements and is documented accordingly. Transfers depend on individual personal circumstances and may not always be in a client's best interest.
For professional advisers only
