18 May 2012 11:38:12
£9k fees 'to push debt up £100bn'
A study suggests public sector debt will be pushed up by £100bn over next two decades by higher university fees.
Pension Annuities
If you have a personal pension you can choose when to start taking the income from your pension between age 55 and 75.
Part of your pension can normally be taken as a tax-free lump sum and this is usually 25% of the fund value. The remainder can then be used to purchase an annuity which pays you a taxable income for the rest of your life.
Annuities are provided by insurance companies. The company that you choose promises to pay you a regular secure income in exchange for your pension fund, no matter how long you live. However, because the income is fixed it is important to choose your options carefully, as once it is set up you cannot change your mind.
Is this you?
- Retiring shortly and need to know the options I have.
- I need someone to compare the best Pension Annuities available.
- I have poor health and have heard I can get a higher Pension Annuity
Contact us now or click below for further details
The Open Market Option – It is vital that this is considered
Do I have to take an annuity? The Alternative
Income Pension Drawdown (Unsecured Pension)
I just want my Tax Free Cash?
Whether you are retiring shortly or in the next couple of years, please contact us for an initial discussion.
News
20 May 2012 15:22:43
Report 'to urge cutting red tape'
The prime minister is this week expected to back a plan to help boost growth by cutting employment red tape.
