Winterthur Life adds to pensions platform

Winterthur Life has launched two products on its Open Pensions platform, allowing investors to access the advantages of personal pensions under a group scheme. The new products are a contracted-in money purchase scheme and a group AVC. These have already been launched to the public following internal testing. The Revenue rules implemented in April (IR76) to set up the post-stakeholder pensions regime brought in a facility to allow people to open occupational schemes under personal pension rules. The rules allow members to take tax relief at source and offer the option to take a 25% ta...