Members of Friends Provident defined contribution (DC) pension schemes are to receive a series of leaflets to help them understand the impact of A-Day.
Friends Provident says the series of leaflets entitled: ‘A guide to the changes of the regulation of pensions’, is aimed at helping members of occupational, personal and stakeholder schemes, along with those with retirement annuity contracts, deferred annuity contracts, including assigned policies and Section 32 policies, and members of free standing additional voluntary contribution (AVC) schemes. The company began distributing leaflets in December, both directly to members and through their advisers, and they contain information highlighting the main changes for policyholders after A-Da...
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