Should you cash-in a ‘gold-plated’ pension? Six questions to help you decide

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12 October 2017 17:01:05 Articles

If you were offered £300,000 now or an inflation-proofed £10,000 a year for the rest of your life, what would you choose? This is a similar dilemma faced by many Britons with ‘final salary’ pensions. Often nicknamed ‘gold-plated’ pensions, these are where employers guarantee a minimum income throughout retirement, with yearly cost-of-living increases. But today many pension providers are offering non-retired members high pay-outs – ‘transfer values’ – in exchange for giving up those future rights. Tweet Full article on Should you cash-in a ‘gold-plated’ pension? Six questions to help you decide

Vice All News Time12 October 2017 17:01:05


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