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pension fund value advice
Comments
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Sorry Dunstonh - don't know where you're reply went - you can tell I'm not used to forums - or pensions!!0
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He had a few - can't remember if it was Standard Life or Prudential (although it could be something totally different). Not a lot of help, I know.0
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Both Standard Life and Pru pay out full fund value on their retirement annuity contracts.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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What is "full fund value"?0
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It was my reply that was deleted.
Thought you had read it when I saw your reply. I normally type a reply in notepad correct the spelling think about it check if theres been any othe posts that make mine obsolete then post it. In this case I forgot and just posted it instead. sorry.0 -
full fund value means the value of the pension fund at date of death. i.e. if £280,000k was the value, they would pay out £280,000.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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Thanks - just glad it wasn't me that did something wrong.0
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The only other thing I can think of then is that it's a pension plan he started, decided it was the wrong one and paid no more into it - so not worth much now.0
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Possibly. but without some documents or the companies name theres nothing yet to look into. See what your mum still has and post here again.0
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Will do - thanks for now.0
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