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Pension Statment Questions

henry24
Posts: 417 Forumite

In the 80s I started a pension paying only £200 a year by direct debit and never altered it or bothered with it now with 2 years to claiming they have sent a statement that says the projected fund value could be £25700 with a annuity guarantee of £2520 per year if I don't take a lump sum guaranteed for 5 years. Without the guarantee £1070 per year
To me that looks good is it? After 5 years what happens?
To me that looks good is it? After 5 years what happens?
0
Comments
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When you die. Payments cease.0
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So if I live for 30 years they will pay it? I will of only paid in about £5000 when I start receiving money back.0
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