There will be changes in pension plans from 1st July 2010.
Minimum Lock in period 5years. (Presently 3 years in some plans).
Compulsory Insurance cover.(now you may opt 0 life cover).
No Full surrender. (now you may withdraw fully and close it after 5 years).
Investors, above age 50, don't want to pay higher mortality charge may invest now without life cover.
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