The Five Pension Golden Rules ; It's Probably the Biggest Financial Decision You Will Ever Make so to Secure the Best Retirement Income Deal Follow ...

Summary

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A STAGGERING Pounds 135 billion of pension fund cash is due to mature over the next ten years as the Baby Boom generation moves into retirement. Yet each year, thousands of retirees are short- changed because they miss out on the best pension.

Converting pension savings into an income is probably the most important financial decision you will ever make.

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The Five Pension Golden Rules ; It's Probably the Biggest Financial Decision You Will Ever Make so to Secure the Best Retirement Income Deal Follow ...

Many company pensions will provide a retirement income automatically, but those with private plans and some types of workplace schemes must work out how to turn these funds into cash.

Bob Bullivant, chief executive of specialist pension adviser Annuity Direct in Newport, Isle of Wight, says: 'Retirement isn't like buying car insurance, where you do it every year and build up expertise. Everyone's doing it for the first time - and there is no second chance if you get it wrong.'

Financial Mail sets out five ...

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