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Cheap Pensions FAQ

This page is here to answer any pension related questions you may have to help you in getting a new pension regardless of your needs.

Mortgages FAQ

Q: What income can I expect when I retire?

A: This all depends on the amount paid into your pension and the length of time payment have been made for. The earlier you start your pension the larger the amount will be. Please bear in mind that difference pension types and companies can produce rather different figures.

Q: When can I retire?

A: Again this all depends on you, most pensions allow you to start using the benefits between the ages of fifty five and seventy five and different pensions allow different options including a percentage lump sum,

Q: What happens if I die before retirement?

A: This would normally result in the pension plan being used to provide a lump sum of money for your dependants although you should check the terms and conditions relating to your specific policy.

 

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