Friends Provident further reduce MVR

Friends Provident have announced that with effect from 11 September 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 10% (previously 13 % since 3 August 2009 and 15% on 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: 09/10/2009