Winterthur to act as EPP administrator

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Winterthur Life have announced they will not only be keeping open their Executive Pension Plan (EPP) after A-Day, they will also be acting as scheme administrator.

Unlike other insurers who have decided to either close their EPP offering, like Standard Life, or have chosen not to act as administrator for the scheme, as Scottish Equitable have done, Winterthur has decided to keep their proposition open because they believe an EPP still has advantages over a personal pension, such as immediate higher rate tax relief. Along with the EPP, Winterthur will also be keeping open their Self-Invested Executive Pension Plan (SI EPP), to allow members a degree of self-investment, which it says is a cheaper alternative to a Small Self Administered Scheme (SSAS) ...

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