Scottish Life International has launched an automatic capital protection plan designed to safeguard ...
Scottish Life International has launched an automatic capital protection plan designed to safeguard investors' funds and lock in profits. Called Safe Combination, the product works by having the investor specify the level of protection they would like on their capital between 100% and 95%. Safe combination then moves the capital to funds with the appropriate level of protection to ensure the desired level of protection is delivered.
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
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