CGU Life is offering clients an additional monthly contribution free on their portfolio pensions on the first policy anniversary. Clients investing in either of the CGU Portfolio Pensions will see 102.9 per cent of their contributions allocated to their policy in year one. This results in one extra month's contribution being allocated free to the client's plan at the first policy anniversary. This special "two-for-one" offer is available until January 31st.
CGU Life's personal pensions contract spreads charges over the term of the policy and no bid-offer spread applies. The fund management charge is 1 per cent per annum except for the with-profit fund where this charge does not apply. A plan management charge of 0.75 per cent per annum applies to all regular contributions.