Customers took this pension term assurance plan out with us while it was available for a short time in 2006. This makes them a member of a pension scheme and means that they receive tax relief on their contributions

We’ve not spoken to customers with LITR plans for some time, so we’re writing to remind them about:

  • Any contributions into the plan count towards their annual allowance
  • The amount payable on death counts towards their lifetime allowance
  • The current value of their sum assured and contribution levels
  • Different options that may be available on the plan

To help with any questions that might be received, there’s a copy of the communication we’ve sent below:

If you have any questions, please speak to your usual Standard Life contact.

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