Pension Statement Question…

  • This topic has 2 replies, 2 voices, and was last updated 1 year ago by  andy4d.
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  • Pension Statement Question…
  • 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!

    footflaps
    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….

    Premier Icon andy4d
    Subscriber

    Mine states both possibilities.

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