In accordance with our authority to make changes to our Intermediary Terms of Business (see page 15), we’re making a material change to reflect that from week commencing 15 December 2025, ongoing commission payments will no longer be made on the following pension products:

  • Active Money Pension Plan
  • Self Invested Personal Pension
  • Flexible Retirement Plan
  • Group Flexible Retirement Plan
  • Group Self Invested Personal Pension

As stated in our Intermediary Terms of Business, we’re providing 30 days’ advance notice to advisers affected by this material change.

The new Intermediary Terms of Business that will be effective from week commencing 15 December 2025 can be found on our Agency Services page.

The information on this site is for qualified financial advisers and must not be relied on by anyone else. If you are not an adviser please go to our customer website for more information about our products and services.

Money invested is at risk. Tax may change in the future.