The freedoms are good, it's just a pity that they then have to penalise those that know how to act responsibly
I agree totally, there's nobody with the inclination to introduce a more flexible approach, (it will remain in the 'too difficult' / 'can't be bothered' pile for evermore) and we're...
It is a no brainer. She has no desire whatsoever to buy an annuity, indeed what fool does?
For the past 10 years the investments she has been in have never returned less than 3.5% and generally much higher. So she can maintain her capital and generate a larger income than is being offerred ...
It's an 'old chestnut' but grateful for help.
My S-i-L has very small final salary pension upcoming and she really wants to take the transfer value and put in her personal pension. I'm totally familiar with all the rights and wrongs, financial services all my life but not CF30 so can't do it...