We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Guaranteed Annuity Rate
Options
Sue_S
Posts: 305 Forumite
I've got a Skandia Life Pension Plan which I took out in October 1987. I've been reading about GARs and looking through my Skandia paperwork and I don't think I've got one. However, there are pages and pages of info, what particular wording should I be looking for? Will it quite clearly state 'Guaranteed Annuity Rate' and give a percentage rate? Or is there some obscure wording I should be looking for?
Thanks for any advice.
Thanks for any advice.
0
Comments
-
However, there are pages and pages of info, what particular wording should I be looking for?
You are better asking the question to them outright (in writing). Are there any guaranteed annuity rates or forms of guarantee? If so, when do they apply and what are they. (S226 retirement annuity contracts didnt just have GARs but some also had guaranteed minimum maturity values as well)I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards