Phoenix Ireland

 

                        
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Here you will find recent communications and mailings to our customers and intermediaries.

 

News 2012
 


Our aim is to provide clear, transparent information for our customers about Phoenix Ireland.

Click on the links below to download literature items in PDF format. If you are unable to access any of the PDF's linked below, please contact us.

You will require a copy of Adobe Acrobat reader in order to view these files click here to download a copy.

 
News
 

2012

 

Bonus / MVR Rates
Final Bonus / MVR Rates applicable from 03/12/2012 Read More
Release: December 2012
 
The Gender Directive and what it means to you

What is changing?
The European Court of Justice is to ban the use of gender, as a rating factor, in the pricing of insurance policies from 21 December 2012. This means that, from that date, insurance companies will no longer be able to offer differential pricing rates for males and females.

What does it mean to you?
If you are considering taking out a new insurance product, depending on the type, it may be better in some circumstances to act before the deadline. The Gender Directive is likely to impact on a range of new insurance products e.g. car insurance, annuities, life cover. The full impact on premiums and ratings is currently unknown and may vary by product provider. For example, a male purchasing an annuity may receive a lower annuity income after 21 December 2012, whereas a woman purchasing an annuity after 21 December may receive a higher annuity income. For life cover, premiums may increase for female lives and reduce for male lives after 21 December. This is, of course, dependent on each individual`s circumstances and we urge all customers to seek independent financial advice or comparison quotations before making decisions
Existing policies are less likely to be affected, although if they are reviewed or renewed there may be an impact on the level of future premiums. However, if you request an amendment to your policy, future premiums are more likely to be on Gender neutral rates.

As always, we would encourage our customers to seek independent financial advice when making decisions regarding their financial products.

Gender neutral pricing fact sheet

Release: October 2012

 

Bonus / MVR Rates
Final Bonus / MVR Rates applicable from 03/09/2012 Read More
Release: September 2012
 
Bonus / MVR Rates
Final Bonus / MVR Rates applicable from 01/08/2012 Read More
Release: August 2012
 
Sample Intermediary Letter - July 2012 Final Bonus MVR Rates
Release: July 2012
 
Bonus / MVR Rates
Final Bonus / MVR Rates applicable from 02/07/2012 Read More
Release: July 2012
 
Bonus Mailing
Sample copies of letters for Bonus Mailing - June 2012 - click on links below to view
Copy of Intermediary Letter
Copy of traditional with-profit Life (no early  maturity  option)
Copy of traditional with-profit Life (with early maturity option)
Copy of traditional with-profit Mortgage (with early maturity option)
Copy of traditional with profit personal pension
Copy of traditional with-profit executive pension
Copy of PLL unitised with-profit Life & Pension
Copy of SMID unitised with-profit Life & Pension
Release: 28th June 2012
 
Pensions Board Report on Inspections of Registered Administrators April 2012
Read More
Release: June 2012
 
Unit Linked & With-Profits Pension Funds Investment Report 2011
Read More
Release: June 2012
 
Bonus / MVR Rates
Final Bonus / MVR Rates applicable from 01/06/2012 Read More
Release: June 2012
 
The Gender Directive and what it means to you

What is changing?
The European Court of Justice is to ban the use of gender, as a rating factor, in the pricing of insurance policies from 21 December 2012. This means that, from that date, insurance companies will no longer be able to offer differential pricing rates for males and females.

What does it mean to you?
If you are considering taking out a new insurance product, depending on the type, it may be better in some circumstances to act before the deadline. The Gender Directive is likely to impact on a range of new insurance products e.g. car insurance, annuities, life cover. The full impact on premiums and ratings is currently unknown and may vary by product provider. For example, a male purchasing an annuity may receive a lower annuity income after 21 December 2012, whereas a woman purchasing an annuity after 21 December may receive a higher annuity income. For life cover, premiums may increase for female lives and reduce for male lives after 21 December. This is, of course, dependent on each individual`s circumstances and we urge all customers to seek independent financial advice or comparison quotations before making decisions
Existing policies are less likely to be affected, although if they are reviewed or renewed there may be an impact on the level of future premiums. However, if you request an amendment to your policy, future premiums are more likely to be on Gender neutral rates.

As always, we would encourage our customers to seek independent financial advice when making decisions regarding their financial products.

Gender neutral pricing fact sheet

Release: May 2012

 

Bonus / MVR Rates
Final Bonus / MVR Rates applicable from 15/03/2012 Read More
Release: March 2012
 
Sample Intermediary Letter - January 2012 Final Bonus MVR Rates
Release: February 2012
 
Bonus / MVR Rates
Final Bonus / MVR Rates applicable from 01/02/2012 Read More
Release: February 2012
 
Bonus / MVR Rates
Final Bonus / MVR Rates applicable from 05/01/2012 Read More
Release: January 2012

 



 


Phoenix Life Limited, trading as Phoenix Ireland, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom and is regulated by the Central Bank of Ireland for conduct of business rules.