I'm wondering if some of the pensions experts can comment.
I have a client with an assortment of personal pension plans, the documentation of which he is trying to find at the moment. So far the details have been quite sketchy to say the least
He believes that his various pension lump sums are payable at age 60 but his pension installments only commence at age 65. Does this sound right ?
I always thought that the lump sum and pension payments started simultaneously on retirement ?
I have a client with an assortment of personal pension plans, the documentation of which he is trying to find at the moment. So far the details have been quite sketchy to say the least
He believes that his various pension lump sums are payable at age 60 but his pension installments only commence at age 65. Does this sound right ?
I always thought that the lump sum and pension payments started simultaneously on retirement ?