NPI - Zero Commission and Annuity Rates

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Release date: 16 February 2005

NPI has revised its annuity basis, and due to longer life expectancy the annuity rates have reduced. However, from 16 February 2005, we will no longer pay IFA commission on vesting annuities. This will benefit policyholders as this saving will be passed on, to partly offset the reduction in rates.

All NPI pension contracts include an Open Market Option, which allows customers to choose an alternative provider if they wish.




	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.