Scot Eq buffs its pension range

The enhanced product range includes a stakeholder plan, with a maximum 1.5% annual management charge reducing to 1% after 10 years, while the firm has also extended the increase in price cap to its range of group and individual pensions. The new charging scheme provides greater diversity for commission based advisers, says Scottish Equitable, and will sit alongside its existing pension range - which includes a flat percentage charge structure and also a no commission structure for fee based advisers. Moreover, the firm has introduced a menu to aid consumers over the value and cost of ...