If you are over 55 and wish to take your pension benefits, you should consider the various choices and what the risks are. Annuity rates are continuing to fall as people live longer and there are also items of legislation which are affecting annuity rates such as the EU Gender Directive which requires annuity provides to offer the same rates to men and women, even though women statistically live longer than men. Some pension options include ongoing investment risks while others face risk of inflation.
We would be happy to assist you to understand more about these various options so you can make an educated decision. Do remember that past performance is no guarantee of future performance and the value of your investments can go down as well as up.
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