Flexible Retirement Account
The Flexible Retirement Account (FRA) takes the Elite Retirement Account one step further offering access to Scheme Pension in addition to the other retirement benefits
Each FRA set up under its own master trust, giving total control to the member.
Key features of FRA:
- Transparent fee basis and low charges.
- Individual Master Trust
- Member is a joint trustee
- Interest paying default bank account
- Wide choice of investment partners
- Commercial land and property purchase facility.
- Capped and flexible drawdown facilities
- Scheme pension
- Able to receive transfers from other scheme pensions in payment
- Dedicated administrator