A protected rights pension is a pension that accumulates because you arecontracted out of the basic state additional pension. It was long considered beneficial for people to be contracted out. It was considered very advantageous to do so as you had more control over how your pension was invested ... Views: 409
Once the purchase of your individual type of pension reaches maturity whenever you retire, you will have to transfer its gathered value right into a pension drawdown or pension annuity. If you require annuities or pension drawdown to be explained, it can be complex.
Pension income really is ... Views: 444