Scottish Equitable Protect Life Protection tax relief policy announced

www.moneynews.co.uk > General finance > Scottish Equitable Protect Life Protection tax relief policy announced

Scottish Equitable Protect Life Protection tax relief policy announced

Wed 28th Jun 2006

The Scottish Equitable Protect Life Protection product has been enhanced with the introduction of a tax relief policy, it has been announced.

Under certain circumstances the Scottish Equitable Protect Life Protection tax relief policy can be applied and the option can also be used retrospectively up to April 6th 2006.

Clients can replace their current policy with a tax relief policy if they become ineligible for life protection with tax relief, or if they are at risk of exceeding the lifetime allowance on their death.

Rod McKie, head of marketing at Scottish Equitable Protect, commented: "While we predict the number of customers who are likely to want to exercise such an option as being very low we are committed to helping this market flourish by removing as many potential issues for advisers as possible."

Earlier this year Scottish Equitable was awarded Pensions Provider of the Year at the Financial Adviser Life and Pensions Awards.

Related News : General finance
	Citizens Advice welfare applauds government
	Confused.com energy defends British Gas
	Bank of Ireland passes stress test
	Tesco Mobile deal 'courts consumers'
	Scottish Widows Investment Partnership notes favourable response
	Customers should fix now, says moneysupermarket.com energy
	Confused.com highlights importance of getting the best deal
	Prices on the rise, says moneysupermarket.com energy
	Bank of Scotland economic report 'suggests transitional phase'
	Clydesdale and Yorkshire Banks security advice issued