Scottish Equitable Pension Review

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Guest's Review of Scottish Equitable Pension

3rd Aug 2009

Overall Rating

1 stars
  • Value for money
    1 stars

My current experience of Scottish Equitable is deplorable.
I have just questioned a deduction of 15% of the units held in my paid-up With Profits Pension Scheme in ONE year,and been told that this is because of a recent change in their charges relating to my Policy. This is on top of a reduction of over 80% in terminal Bonus.Whilst accepting Terminal Bonuses can fluctuate, I cannot accept that an Annual charge of over 15% is right or fair.They will not explain the changes in their charging structure either !


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