
How to reinvest pensions payments?
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Written on: 15.11.2009 [04:49]
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Seeger
Seeger
Topic creator
Posts: 1
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Can we reinvest our pensions payments (the 25% of the fund) when we reach retirement age even if we don't retire? And if so, what are our best reinvestment options? |
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Written on: 16.11.2009 [18:02]
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Yates
Yates
Posts: 5
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You can do whatever you like with the lump sum. Just make sure that you're entitled to receive one: some schemes don't give you this option. If you're already wondering about re-investment options, why not rethink removing the lump sum? It's not always a good idea – not if it will reduce your pension fund so dramatically that the annuity you'll be able to purchase is significantly smaller... Have you asked your pensions advisor? From the scheme? |
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