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   PENSION PRODUCTS
     GENERAL
      CHARGING STRUCTURE

Contribution Related Charges

Certain costs (such as commission) are related to the size of the contribution and the length of term to Normal Retirement Date or Selected Retirement Age. Under Series 3 plans, launched 21 February 1994, such expenses are offset by the reduced unit allocation during the Initial Commission period. This does not apply to Series A or Premier pension plans.

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