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Personal pension and GAR
Comments
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Just wondering guys if your answers are based on someone retiring on ill health, or does it not make any difference with personal pensions.
I think with occupational pensions, you get an enhanced rate if you retire early on health grounds.0 -
Just wondering guys if your answers are based on someone retiring on ill health, or does it not make any difference with personal pensions.
I think with occupational pensions, you get an enhanced rate if you retire early on health grounds.
Retirement on ill health doesnt of itself get you an ehanced annuity. Its your actual health and health history (eg smoking) which could make a significant difference. Obviously it depends very much on your particular circumstances so no-one here can say very much about it. Something you may need to discuss with an IFA.0 -
If you have a life-shortening illness, does the option of Income Drawdown become more relevant to your situation?0
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