Standard Life Immediate Vesting pension

This plan allows investors between 50 and 75 years of age to use the Stakeholder pension rules to invest £2,880.00 into a pension. This receives tax relief at the basic rate increasing it to £3,600.00; the maximum allowed under the stakeholder rules. You then draw the tax-free cash of £900.00 and the remainder buys a fixed annuity on the purchaser's life. The plan has no flexibility options to vary the type of annuity.

Unlike any other broker in the UK, Cavendish Online will rebate commission of £100.00 back to the investor, having taken our fee of £30.50 from the commission. This is the best deal on this plan in the UK.