Closed products fair value outcomes
This page relates to all pension, protection and investment products that were closed to new business in 2018 or earlier, and also includes term assurance on wealth products supporting the former SIML platform (which became Embark) which were sold up until 2023.
All products are offering fair value to our customers.
We have assessed fair value using the following product groupings:
Closed product groupings
| Product type | Products |
|---|---|
| Pure Protection | Eagle Star Term - sold between 2000 - 2008 (AIA) Eagle Star Income Protection Allied Dunbar / Zurich Income Protection Survivorship & Issue Allied Dunbar / Zurich Term Eagle Star Term Allied Dunbar / Zurich WOL and ALP Term assurance on SIML / Embark wealth products |
| Non Pure Protection | Maximum Protection Plan Growth Protector Plan AA Over 50 Eagle Star Whole of Life City of London / Midland assurance WOL |
| Investment | Investment Bonds Regular Savings plans Endowments |
| Pensions | Personal and Occupational Pensions Executive Pensions Self Employed Pensions Kingfisher Pensions Deferred Annuities (including Esitrans, X3X and DPS) Drawdown Pensions (part of James Hay SIPP) Curtis Bank SIPP Zurich Standalone TIPs |
