If you want a guaranteed income for life and are aged between 50 (55 after 6 April 2010) and 74, the Immediate Vesting Personal Pension Plan (IVPPP) from Standard Life could help meet your needs. Our IVPPP offers you a way to enjoy a regular income, or a tax-free lump sum and smaller regular income, immediately.
You can invest in an IVPPP by transferring funds from your existing personal pension plan(s) or using a cash lump sum that you've saved elsewhere.
If you've got pension funds with different companies you can combine them in our IVPPP so you get one source of income in retirement.
Alternatively, if you're still in employment, you could benefit from tax relief by investing a cash lump sum.
We strongly recommend that you get financial advice before transferring any pension funds.
Tax relief may be altered and the value to you depends on your financial circumstances.
Any reference to legislation and taxation is based on Standard Life's understanding of law and HM Revenue & Customs practice at date of publication. Legislation and taxation are liable to change in the future.
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