Pension Statement Q...
 

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[Closed] Pension Statement Question...

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Posts: 13821
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Topic starter
 

I'm being a bit thick with this!

When you get a pension statement and you see the prediction of the amount your pension could pay out - is that prediction based on the sum of money in the pension at that time (ie., if no more money paid in).

Or is a prediction based on you paying in similar amounts to the end of the pension term?

Ta!


 
Posted : 15/01/2018 9:13 am
Posts: 13594
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Or is a prediction based on you paying in similar amounts to the end of the pension term?

IIRC there is a regulatory requirement set of assumptions they have to use for annual growth etc and your retirement age. It should give all the assumptions in the statement....


 
Posted : 15/01/2018 9:19 am
Posts: 2158
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Mine states both possibilities.


 
Posted : 15/01/2018 9:34 am