Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hello, I am one of the experts on Just Answer and pleased to be able to help you with your question.
Unfortunately, Scottish Widows, who were one of the top insurers before they became entangled with the Halifax, have now become a somewhat opaque organisation. However,you can withdraw 5% annually without any tax penalty, will that assist you?
Delighted to have been of assistance. Please be so kind as to rate me before you leave the Just Answer site.
Scottish Widows was one of the few insurance companies my then conservative insurance broker would touch in the mid 60s; Equity and Law was another. I see that a couple of E&L policies I still have are now in the clutches of what was the Norwich Union, an organisation I would not normally touch with a barge pole.