Blog: What your pension customers might get back

PENSIONS

clock

It's important, but never easy, to give customers an indication of what their pension might be worth when they take benefits.

This year, a raft of changes will affect the projected figures customers receive, and more are anticipated. If we're to avoid creating confusion, we need to help customers put these into context. On investing, customers receive a key features illustration, showing projections at three growth rates. Yearly statements update these, but in ‘real' terms, allowing for the effect of inflation. It's essential that the estimates we give customers remain realistic, but too many changes to assumptions can be bewildering. Aegon is providing the background to the changes alongside yearly state...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read
Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read