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  • Pension Statement Question…
  • the-muffin-man
    Full Member

    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 6 years ago
    footflaps
    Full Member

    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 6 years ago
    andy4d
    Full Member

    Mine states both possibilities.

    Posted 6 years ago
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