private pension woes

It's 6.7%. It would seem to be inline with current rates depending on your age. This makes a very large difference and for anybody to help you properly we need to know this. It's also necessayr to know what other 'options' you have selected/been offered. Single/joint life, is there a guarenteed period, lever or escalating payments etc.....

tim

If you approach an IFA about this it's more than likely that you'll find one who'll advise you on a commission-paid basis. You really need to shop around. Are you a smoker? Are you in ill-health? This can help here.

Rob Graham

THANKS Tim and Robin for replies,and apologies for basic info. on orig.post.

I will be 65 years old in two months. Single life pension. Pension payable monthly in arrears. No guaranteed period. Level payments. No dependants. Retired early,seven years ago,and have several health problems,so as Robin says, this could have a bearing on pension amount

Wish now I had trained as an accountant,rather than electrician! Best regards Doug.

As a guide, percentage rates for standard annuities are available on Ceefax page

260. 7.5% for level or 4.5% for escalating 5%. The nature of your health problems may get you more.

Daytona

If you trained as an electrician, you should be loaded! I live in the SE and one cannot get an electrician to answer the phone for a job worth only 3 figures... :)

Nearly as difficult as getting a (good) plumber. :)

I was quoted 2-3 weeks this morning.

You won't get a good plumber in 3 weeks. 3 months is the minimum for anybody who does an acceptable job - assuming what you want done is going to take more a day or two. Would you like me to post details of my experience with plumbers in the South East? :)