Aimed At
The cash deposit element of a Self Invested Personal Pension, Executive or Company Pension scheme. Applicants must be over 18 years old, and we suggest that each applicant has sought independent financial advice before opening an account. The minimum operating balance is £1
Benefits
An easy access account is available, as well as the Pension 90 account, which requires 90 days’ notice for withdrawals or 90 day loss of interest on the amount withdrawn. The account operates with variable, tiered rates (please refer to the Rate sheet section), and there is a further option of using the Society’s Qualifying Time Deposit for amounts over £50,000 where it is possible to fix the term of an investment between 1 and 12 months.
Overview of the Pension and Pension 90 Plus Account
Deposits can be made by cheque or BACS transfer. All withdrawals will be processed by cheque or BACS transfer to a customer’s nominated bank account. The Society deals closely with two Pension Administrators, and can put any potential client in contact with either, if required.
Click here for Pension 90 and Pension 90 Plus Account Terms and Conditions
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