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The Armed Forces appoints Scottish Widows as Stakeholder and Additional Voluntary Contribution (AVC) provider.
0 Comments | M2 Presswire, August, 2001
M2 PRESSWIRE-15 August 2001-UK Government: The Armed Forces appoints Scottish Widows as Stakeholder and Additional Voluntary Contribution (AVC) provider (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:15082001 The Ministry of Defence has conducted a rigorous tender process and selected Scottish Widows as provider of its stakeholder pensions and Additional Voluntary Contribution (AVC) Scheme for the Armed Services.
Scottish Widows Stakeholder Pension Plan will be made available to over 200,000 regular personnel and 50,000 reservists within the Armed Forces. Eligible personnel will include existing members of the Armed Forces Pensions Scheme for concurrency and all reservists. As sole provider of the AVC scheme, Scottish Widows will be the first company to...
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