Non-motoring > Pension Statement Miscellaneous
Thread Author: borasport Replies: 19
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New Thu 19 Aug 10 08:34 
 Pension Statement - AnotherJohnH
Annuity returns are currently at or near an all time low - hopefully (!) things will have improved a bit by the time you decide to commit.

AFAIR the figures currently range from below 3% to a bit over 6% per annum of the lump sum.

Where in the range depends on a number of factors:

your age
your health (impaired life annuities give better returns)
whether the income is flat, limited RPI linked, guaranteed for 5 years
whether it continues to pay 50% to spouse on your demise
spouses age

You also have the option to take 25% of the lump sum tax free, but this obviously makes the returns even smaller.
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 Messages Author Date
 Pension Statement new borasport 17 Aug 10 13:11
 Pension Statement new Suppose 17 Aug 10 13:15
 Pension Statement new borasport 17 Aug 10 13:20
 Pension Statement new Redviper 17 Aug 10 13:40
 Pension Statement new Zero 17 Aug 10 15:06
 Pension Statement new Tooslow 17 Aug 10 16:28
 Pension Statement new legacylad 17 Aug 10 20:19
 Pension Statement new rtj70 17 Aug 10 20:38
 Pension Statement new Tooslow 17 Aug 10 21:06
 Pension Statement new Runfer D'Hills 17 Aug 10 21:10
 Pension Statement new Zero 17 Aug 10 21:58
 Pension Statement new rtj70 17 Aug 10 22:18
 Pension Statement new rtj70 17 Aug 10 22:21
 Pension Statement new AnotherJohnH 18 Aug 10 08:49
 Pension Statement new Tooslow 18 Aug 10 09:09
 Pension Statement new borasport 18 Aug 10 11:36
 Pension Statement new rtj70 18 Aug 10 11:41
 Pension Statement new borasport 18 Aug 10 12:09
 Pension Statement new Tooslow 18 Aug 10 12:16
 Pension Statement new AnotherJohnH 19 Aug 10 08:34
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