Zurich plans 'popular'

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Zurich plans 'popular'

Zurich has introduced a number of attractive features for those people investing in the group's drawdown plan.

The insurer has unveiled a new protected rights drawdown facility, which Dave Lowe, life pensions management director at the group, said would enable clients to "invest both their protected and non-protected rights funds in the Zurich plan for the first time".

For those customers who choose not to take income withdrawals from their Zurich plan, a nil income enhancement feature is also available, which it is believed will give more flexibility to customers.

"We recognise that this is an attractive option for people considering their retirement options and are confident that our nil income enhancement will prove popular for those investing in the Zurich drawdown plan," Mr Lowe said of the Zurich plan.

Alongside the new facilities, the Zurich plan will also offer investors great choice, with access to a variety of self-invested assets, including mutual funds, stocks and shares and commercial property.

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