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Zurich Life Assurance is a member of Zurich Financial Services group which was founded in 1872 and currently has its headquarters in Switzerland. It offers services to almost every country in the world with 60,000 employees serving the financial needs of people in over 170 countries. They have the ability to underwrite and provide a host of services on all manner of financial topics including life insurance and pensions. They have nine main offices in the UK and pride themselves on maintaining high standards of service and integrity.
Product Services and Specialised Products
Zurich offers a range of investment plans for corporations and individuals. Their Self Invested Personal Pension plan is useful for anyone who is looking to transfer from another pension scheme. It is specifically designed for those looking to save for retirement and enjoy an income even though they are no longer working. Their Protected Rights Transfer Plan is flexible and offers investors a range of options which they can choose to invest in. With this plan, you can invest in funds through the Zurich Pension Plan. A problem with this is the fact that your investment return could be much lower than anticipated due to external factors.
Zurich also provides five separate contribution plans including AVCs and Stakeholder Pensions. Additional Voluntary Contributions (AVCs) are only available to those who are involved in their company’s occupational pension scheme. AVCs enable employers to contribute more to your pension fund ensuring that you have enough to live on when you retire. A stakeholder pension is like a personal pension but usually has better terms.
If you need more information on Zurich products and pensions, the site offers you links where you can find your nearest broker or financial adviser. You can also buy directly from Zurich Connect.