FOR ADVISERS ONLY

Contracted-Out Money Purchase Rebates

At 5 April 2012 all contracting-out certificates held by money purchase schemes will be cancelled automatically.

Figures are %

Age *2007/082008/092009/102010/112011/12
15 3.0 3.0 3.0 3.0 3.0
16 3.0 3.0 3.0 3.0 3.0
17 3.1 3.1 3.1 3.1 3.1
18 3.2 3.2 3.2 3.2 3.2
19 3.3 3.3 3.3 3.3 3.3
20 3.4 3.4 3.4 3.4 3.4
21 3.4 3.4 3.4 3.4 3.4
22 3.5 3.5 3.5 3.5 3.5
23 3.6 3.6 3.6 3.6 3.6
24 3.7 3.7 3.7 3.7 3.7
25 3.8 3.8 3.8 3.8 3.8
26 3.9 3.9 3.9 3.9 3.9
27 4.0 4.0 4.0 4.0 4.0
28 4.1 4.1 4.1 4.1 4.1
29 4.1 4.2 4.2 4.2 4.2
30 4.2 4.3 4.3 4.3 4.3
31 4.3 4.4 4.4 4.4 4.4
32 4.5 4.5 4.5 4.5 4.5
33 4.6 4.6 4.6 4.6 4.6
34 4.7 4.7 4.7 4.7 4.7
35 4.8 4.8 4.8 4.8 4.8
36 5.0 5.0 5.0 5.0 5.0
37 5.1 5.1 5.1 5.1 5.2
38 5.3 5.3 5.3 5.3 5.3
39 5.5 5.5 5.5 5.5 5.5
40 5.6 5.6 5.6 5.6 5.6
41 5.8 5.8 5.8 5.8 5.8
42 5.9 5.9 6.0 6.0 6.0
43 6.1 6.1 6.1 6.1 6.1
44 6.3 6.3 6.3 6.3 6.3
45 6.6 6.4 6.4 6.5 6.5
46 6.9 6.7 6.6 6.6 6.6
47 7.2 7.1 6.9 6.8 6.8
48 7.4 7.4 7.2 7.1 7.0
49 7.4 7.4 7.4 7.4 7.3
50 7.4 7.4 7.4 7.4 7.4
51 7.4 7.4 7.4 7.4 7.4
52 7.4 7.4 7.4 7.4 7.4
53 7.4 7.4 7.4 7.4 7.4
54 7.4 7.4 7.4 7.4 7.4
55 7.4 7.4 7.4 7.4 7.4
56 7.4 7.4 7.4 7.4 7.4
57 7.4 7.4 7.4 7.4 7.4
58 7.4 7.4 7.4 7.4 7.4
59 7.4 7.4 7.4 7.4 7.4
60 7.4 7.4 7.4 7.4 7.4
61 7.4 7.4 7.4 7.4 7.4
62 7.4 7.4 7.4 7.4 7.4
63 7.4 7.4 7.4 7.4 7.4

* Age on last day of preceding tax year.

Age *2002/032003/042004/052005/062006/07
15 2.6 2.6 2.6 2.6 2.6
16 2.6 2.6 2.6 2.6 2.6
17 2.7 2.7 2.7 2.7 2.7
18 2.7 2.7 2.7 2.7 2.7
19 2.8 2.8 2.8 2.8 2.8
20 2.8 2.8 2.8 2.8 2.8
21 2.9 2.9 2.9 2.9 2.9
22 2.9 2.9 2.9 2.9 3.0
23 3.0 3.0 3.0 3.0 3.0
24 3.1 3.1 3.1 3.1 3.1
25 3.1 3.1 3.1 3.1 3.1
26 3.2 3.2 3.2 3.2 3.2
27 3.2 3.2 3.2 3.2 3.2
28 3.3 3.3 3.3 3.3 3.3
29 3.4 3.4 3.4 3.4 3.4
30 3.4 3.4 3.4 3.4 3.4
31 3.6 3.6 3.6 3.6 3.6
32 3.6 3.6 3.6 3.6 3.6
33 3.7 3.7 3.7 3.7 3.7
34 3.8 3.8 3.8 3.8 3.8
35 3.8 3.8 3.8 3.8 3.8
36 3.9 3.9 3.9 3.9 3.9
37 4.0 4.0 4.0 4.0 4.0
38 4.1 4.1 4.1 4.1 4.1
39 4.1 4.1 4.1 4.1 4.1
40 4.3 4.2 4.2 4.2 4.2
41 4.4 4.4 4.3 4.3 4.3
42 4.6 4.5 4.4 4.4 4.4
43 4.8 4.7 4.6 4.5 4.4
44 5.0 4.9 4.8 4.7 4.6
45 5.3 5.1 5.0 4.9 4.8
46 5.5 5.4 5.3 5.1 5.0
47 6.0 5.6 5.5 5.4 5.3
48 6.8 6.1 5.7 5.6 5.5
49 7.8 6.9 6.2 5.8 5.7
50 9.0 7.9 7.1 6.4 5.9
51 10.3 9.1 8.1 7.2 6.5
52 10.5 10.5 9.3 8.2 7.4
53 10.5 10.5 10.5 9.5 8.4
54 10.5 10.5 10.5 10.5 9.7
55 10.5 10.5 10.5 10.5 10.5
56 10.5 10.5 10.5 10.5 10.5
57 10.5 10.5 10.5 10.5 10.5
58 10.5 10.5 10.5 10.5 10.5
59 10.5 10.5 10.1 9.7 9.3
60 10.5 10.5 10.5 10.3 9.9
61 10.5 10.5 10.5 10.5 10.5
62 10.5 10.5 10.5 10.5 10.5
63 10.5 10.5 10.5 10.5 10.5

* Age on last day of preceding tax year.

Last updated: 20 Aug 2014

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.