NU to withdraw pension products ahead of A-Day

Consumers will no longer be able to purchase products with a start date beginning after the 5 April 2006 if they are: Pension buy-out plan (section 32) Free-standing AVC Executive pension plan (Epp), in the UK only Directors special pension scheme (Ssas) Directors pension plan (Epp under Ssas rules) Norwich Union does say although it will not accept any new business in these products, it will continue to accept increments and additional single contributions to existing plans where they are currently allowed. In addition, the directors Pension Plan will remain available for new ...