Scot Widows simplifies directors plans

Scottish Widows has revamped its directors pension offering to include revised and simplified literature to ease business processing. The changes also include the launch of a simplified charge Executive Pension Plan giving customers a choice of how policies are set up, whether under exchange of letter or declaration of trust. The pensions have access to more than 75 funds, as well as a pensions calculator, which can be used for salary sacrifice and salary versus dividend analysis. Scottish Widows has also produced a business pack for financial advisers to assist sales of executive pens...