Hi everyone,
following on from my last article covering the new Pension Age Change that comes into effect from April 6th 2010, I’ve got a great PDF for you that will explain the issues involved.
From this date you will not be able to receive an income or a tax-free lump sum from any private pension before your 55th birthday, unless your health is very poor. I highly recommend you download and read what it covers if you were banking on accessing your pension income in this manner and are approaching 50 years old.
It covers thing like…
- Do I buy an annuity?
- Do I transfer to an income drawdown plan?
- Should I just do nothing instead?
The case studies are also very clear and the whole read only takes 20 minutes or so, but in terms of you accessing the right retirement income it could be a very valuable 20 minutes spent indeed.
Thanks again and let me know if you’ve any questions you like answered on 0800 321 3508.
I’ll be happy to help.
Here is the direct link to download the Pension Age Change PDF 2010
Until next time take good care.
