Personal Lifestyle Strategy 2013 update

When we launched PLS we promised to review it regularly, so that it would automatically change over time to take account of changes in retirement regulations and investment opportunities.  When these reviews are carried out, all customers using PLS automatically benefit from the changes.

In the past we have made a number of changes to PLS which have taken into account the following:

  • New State Pension ages
  • New minimum annuity requirements
  • New tax free lump sum options.
  • Changes to the asset allocation of the Pension Stability Fund, the Flexible Fund and the Pension for Life Fund.

As part of the latest review we are making changes which includes:

Find out more about PLS, including the latest PLS documents for download.