Release date: 10 April 2004 Updated: 10 February 2005
Note: For up to date information please visit the most recent article dated 10 February 2005.
NPI has undertaken a review to identify policyholders still in receipt of National Insurance Rebate contributions as part of their continuing decision to contract-out of the S2P.
As a result, we have produced two statements, with information relating to critical yields and pivotal ages, to help you to advise your customers whether they should continue to contract-out of the S2P.
These statements represent NPI's understanding of the laws of England and Wales (unless provisions relating to other countries are expressly stated) and Inland Revenue practice in April 2004. While every effort has been made to ensure that the information presented is correct, nothing in these statements should be construed, specifically, as advice to contract-out, or to contract back in. NPI cannot accept any legal responsibility for any advice given by you relying on the content of these statements.
Pearl Assurance Limited No. 1419, London Life Limited No. 1179800, NPI Limited No. 3725037 and National Provident Life Limited No. 3641947 are authorised and regulated by the Financial Services Authority. All companies are registered in England and have their registered office at: 1 Wythall Green Way, Wythall, Birmingham, B47 6WG, Tel: 01564 204321. We may record or monitor telephone calls. Important Company Registration and Legal Information.
