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  • FIRST POST
    • CommyTooper
    • By CommyTooper 13th Apr 18, 2:18 PM
    • 55Posts
    • 72Thanks
    CommyTooper
    Closing auto enrolment pensions
    • #1
    • 13th Apr 18, 2:18 PM
    Closing auto enrolment pensions 13th Apr 18 at 2:18 PM
    Hi, me again. I am already in receipt of my state and works pensions.

    I have a little short of 1500 in three auto enrolment pots. Cash in or taking an annuity is my decision.
    I have an annuity from a missold HSBC pension which I annuitised a while back now. It gives me an annual net payment of 175.
    1. Would I simply be able to increase the annuity by adding these pots to the same supplier. Or would it be another annuity.
    2. Would it be possible to add to my annuity and convert the total annuity to an index linked.

    As you can see, it is not a world changing amount. Thanks, CT.
Page 1
    • Dox
    • By Dox 13th Apr 18, 5:16 PM
    • 938 Posts
    • 719 Thanks
    Dox
    • #2
    • 13th Apr 18, 5:16 PM
    • #2
    • 13th Apr 18, 5:16 PM
    Annuities can't be altered once they are bought and in payment so:

    1. No - it would be a new annuity
    2. No.
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