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Pension Pot £45K for reinvestment
impuzzled
Posts: 14 Forumite
I am in my 70s with a lump sum in a pension fund which matures soon. I have took the tax free cash sum 5 years ago and just left the remainder in a protected retirement plan with LV. I do not need to take an annuity plenty of other pensions. I would like the sum to stay in an investment so my children inherit the cash. any suggestions please
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Can’t you just leave it where it is?I am an Independent Financial Adviser (IFA). Any posts on here are for information and discussion purposes only and should not be seen as financial advice.0
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Would your children benefit from it now? You get to see the joy it brings.1
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I am in my 70s with a lump sum in a pension fund which matures soon.
It only "matures" if you want it to.
I would like the sum to stay in an investment so my children inherit the cash. any suggestions pleaseLeave it in the pension then
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
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