Scottish Equitable Pension Reviews

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Average Ratings for Scottish Equitable Pension

  • Value for Money0.3 stars
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4 Reviews For Scottish Equitable Pension

  • Guest 3rd Aug 2009

    Reviewer rating: 1 stars


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    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 !

  • stecha 11th Sep 2008

    Reviewer rating: 0 stars


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    I am now retired and still struggling to get my money out of Aegon Scottish Equitable. I have filed complaints with all relevant agencies, but most either didn't want to know or said my complaint was "outside their scope". The Pensions Ombudsman currently has my complaint but seems reluctant to support me in any way. Ten year annualised returns have been only 2.2% and most of this was gained in 1998. Since then, my "investment" has been falling in value despite the fact that Aegon fact sheets cl ...

  • templd Rank: Major 25th Sep 2006

    Reviewer rating: 0 stars


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    I strongly advise anyone looking to invest in a company to look elsewhere from Scottish Equitable Pension. Not only have they failed to make money on my investment but they are also charging 8 per cent to have it transfered elsewhere! Daylight robbery and adding insult to injury.
    I'd recommend checking out the Motley Fool site, companies like Gartmore and M&G or also the Which? online site. They are extremely helpful and would have warned me about these lot.
    I'm now looking at investing in a ...

  • Impoverished Rank: Lance Corporal 24th Aug 2006

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    The current annual bonus rate on the High Equity WP fund is .25%. Therefore it will take getting on for 20 years just to cover the bid offer spread on contributions paid in! Scarcely attractive!