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Topic starter
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 : 15/01/2018 9:13 am
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 : 15/01/2018 9:19 am
Mine states both possibilities.
Posted : 15/01/2018 9:34 am