If I transfer my pension savings with The People’s Pension to another provider, would a Market Value Reduction (MVRs/Market Value Adjustment (MVA) apply?

 

No, MVR/MVA’s only relate to ‘With Profits’ pensions. If a policy is surrendered or transferred before the normal retirement age an early exit charge may be applied.  None of the pension products offered by B&CE are ‘With Profits’.

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