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The Pension Drawdown Company specialises
in providing advice on all aspects of pension
drawdown and investments

 
 
10 March 2010

How Safe Is Your Pension

Defined Benefit, or Final Salary Schemes, in the UK have a collective deficit of £253 billion as at the end of March. This is reported by the government sp…

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Independent Financial Adviser Logo The Personal Finance Society

Death Benefits in Pension Drawdown

In the event of your death whilst in a Pension Drawdown plan i.e. before you reach age 75, the value of the pension fund can be used to provide your dependents with a cash sum, a lifetime annuity or they can continue to receive income from their own Pension Drawdown plan set up with the value of your fund.  You can also leave the fund to beneficiaries who are not your dependents in the form of a lump sum subject to income tax.

I have now been a Pension Drawdown client for over 12 months and during this period have been extremely pleased how the fund has operated.

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