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Pension fund companies practices when you cash in your pension

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Comments

  • dunstonh
    dunstonh Posts: 119,817 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Well as I said beforehand. I haven’t got an annuity yet. Just a lump sum.  I have had no notice of how the annuity is set up or what I will receive.  
    In that case, do you not think your claim of someone pocketing £3,000 of your money is a bit premature?
    Especially as it will be 25% of the amount transferred (no more, no less), and the annuity will be based on 75% of the amount transferred. 

    I suspect the OP doesn't want help identifying and correcting misconceptions, but instead wants to vent. 

    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.
  • MEM62
    MEM62 Posts: 5,326 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Dunstonh your are not being helpful 


    @dunstonh Is one of the most helpful and knowledgeable contributors to be found on these forums.    
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