Friends Provident reduce their MVR

Friends Provident have announced that with effect from 3 August 2009, the Market Value Reduction (MVR) for withdrawals other than at Normal Retirement Age or death, has been reduced from between 0% to a maximum of 13% (previously 15% since 9 January 2009).

The amount of the MVR depends on whether it was a single or regular investment and the date of the investment.

If you would like to disinvest your With-profits fund with Friends Provident you should download and complete this form.

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Last Updated: 28/08/2009