Frequently Asked Questions

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You asked: Is the value shown on my statement the money I can get now?

If you are an investment bond customer

The value shown in your statement is at a specific point in time. The actual amount that you would get if you took the value of your bond now could vary. Depending on your policy conditions, your bond value could change, for example, if:

  • you have made further payments into your bond
  • further regular bonuses have been added
  • any early exit charges have reduced or no longer apply
  • any final bonuses or Market Value Reductions applied have changed as a result of stock market movement
  • you have taken payments out of your bond
  • charges have been taken from your bond.

If you have a pension plan

Under a pension plan there are restrictions on when you can take your retirement benefits. These may vary depending on the type of plan you have and your health. For UK pension plans the standard minimum retirement age is currently 55. Whilst you may not be allowed to take your retirement benefits before this age, it is possible to transfer the value into another pension plan. The value shown in your statement is at a specific point in time. The actual amount that you would get if you took or transferred the value of your plan now could vary. Depending on your plan conditions, your plan value could change if:

  • further regular bonuses have been added
  • there have been any changes to final bonuses or, for unitised plans, Market Value Reductions
  • charges have been taken from your plan.

It's important to remember the value of your investment in the With-Profit Fund can down as well as up and you may get back less than has been paid in.

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