Sign in to My Account to check your pension, see how much you may have in retirement, and find out how the salary waiver can increase your savings. If you have any questions and would like to tell us about any of our products or solutions for your professional customers, please contact your usual representative or contact us: If you have a question about individual pension plans, please contact the Member Helpline: Some occupational pensions are called “occupational pensions”, “works”, “companies” or “work”. A percentage of your salary is automatically paid into pension insurance every pay day. In most cases, your employer will also pay money into retirement provision for you. You can also get tax breaks from the government. For pension products, we may retain your personal information indefinitely on the basis of the legitimate interest requirement to respond to your future requests, those of your family or financial advisor, and our regulators. A company pension plan is a way to save for your retirement, organized by your employer. Don`t forget to provide your insurance number when you contact us. Personal data collected from you will be shared with fraud prevention authorities in order to prevent fraud and money laundering and to verify your identity. If fraud is detected, you may be denied certain services, finances or employment. For more information on how your information is used by us and these fraud prevention agencies, as well as your data protection rights, please see legalandgeneral.com/cifas You may be able to reduce your contribution to your company pension plan. This is only possible if your pension regulations allow it and your employer agrees. If you want to do this, you should contact the pension manager who manages your pension plan.
There are no other major changes you should be aware of, but there are a number of minor changes listed in the new SIA contract sheet. These include new limits on certain types of revenue and, for customers who have invested in the Aegon platform, confirmation that your annual Aegon platform fee can be deducted directly from your SIPP. If you have a company pension plan, please call 0345 070 8686. When we talk about personal information, we mean information about a person who can identify them, such as name, address, email address, phone number, and financial details. These may include customers (including prospects), their designated representatives (e.g. agents), employees, shareholders, business contacts, and suppliers. Any reference to “information” or “data” in this Policy is a reference to personal data about a living individual. Watch our animation to learn more about life and annuity consolidators and why companies choose ReAssure to support their policies. ReAssure is a “life insurance and annuity consolidator” that takes policy blocks from other companies instead of creating new ones for new ones. This means that we are experts in the type of transfer you have just undergone.
Since our inception more than 50 years ago, we have adopted the policies of several companies, including Barclays, HSBC, Guardian and now Legal & General. If you want us to call you about our mortgages for later in life. Please enter your full name and phone number. You may also provide your email address if you wish to opt out of receiving emails about our products and services. Details of how we process your data can be found in our Privacy Policy. If you would like more information about Pension Risk Transfer`s privacy policy, you can find it on this page. A pension risk transfer is a former pension plan in which you participated because of previous employment. By joining ReAssure, you join a company that now manages over 3 million policies for our clients, with a total investment of around £70 billion, making us the sixth largest life insurance and annuity company in the UK. Use our library of documents to find the information you need for your retirement, savings or investments.
Millions of workers in the UK have been automatically enrolled in occupational pensions. I receive regular payments from my pension or life insurance on the 29th, 30th or 31st of the month. Will this change under ReAssure? The existing renewal fee will continue to be paid. ReAssure will continue to offer new business as needed for the transfer of legal and corporate products, but no new commissions will be payable for advice on new business increases, periodic premium increases or indexation (excluding group retirement plans). If you have a pension and are under age 55, we will send you your annual statement on your birthday.
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