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David Trenner - Intelligent Pensions
Posted: 10 February 2011 18:55:02(UTC)
#34

Joined: 27/01/2009(UTC)
Posts: 24
Nick, It should be possible to have your income reviewed every year, although your provider might make a charge for doing so.

With regard to these damnably low rates, Gad is currently 4%, as high as it was throughout 2009. It has not gone beyond 5,25% in the last 5 years!

2006 4.00% 3.75% 4.00% 4.25% 4.25% 4.50% 4.50% 4.25% 4.50% 4.25% 4.50% 4.25%
2007 4.50% 4.50% 4.50% 4.50% 4.75% 4.75% 5.25% 5.25% 4.75% 4.75% 4.75% 4.50%
2008 4.75% 4.25% 4.50% 4.25% 4.50% 4.75% 5.00% 4.75% 4.50% 4.50% 4.75% 4.50%
2009 4.00% 3.75% 4.00% 3.25% 3.75% 4.00% 4.00% 4.00% 4.00% 3.75% 3.75% 4.00%
2010 4.25% 4.25% 4.50% 4.50% 4.25% 4.00% 4.00% 3.75% 3.50%
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Muggle
Posted: 10 February 2011 19:26:55(UTC)
#35

Joined: 14/05/2010(UTC)
Posts: 7
Hi David,
Unfortunately I reached age 75 last May and as I see it I must take the TFC and a pension payment from my SIPP by May this year.
As the new rules are to be published in April is there any possibility that I wiil not be required to take the pension either in this or any subsequent years.
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