Summary: Money Alive’s Pension Freedoms box set is an engaging, impartial, consistent and efficient way to educate clients and prospects about the different ways they can take the defined contribution pension. It comprises 8 short videos and takes around 30 minutes to view.
Anyone looking to explore the different ways they can take their defined contribution pension.
The pension freedoms gives viewers impartial education about all their pension freedoms options. It begins with a brief summary followed by more detailed information on drawdown, annuity, lump sum, take it all and leave it. The penultimate video looks at how tax is applied to pension withdrawals and the final video covers pension scams.
As well as core learning the viewer has the option to select and watch more detailed videos about drawdown and annuity as well as how debt and means tested state benefits might influence their decisions about taking money from their pot. Viewers can also choose to watch case studies on the different options to help bring them to life.
All viewing choices are reflected in the viewing report.
Find out about the different ways you can take your pension in this short summary.
A guide to using your pension pot to provide a flexible retirement income.
A guide to using your pension pot to provide a guaranteed retirement income for life by purchasing an annuity.
A guide to taking cash lump sums from your pension pot as and when you need them.
A guide to taking all your money out of your pension pot in one go.
A guide to leaving your pension pot where it is and deciding to make your choices later.
How will my lump sum be taxed?
How can I protect myself from pension and investment scams?
The viewer can choose to watch or skip these videos.
An example of someone who might benefit from having a flexible income.
An example of someone who might benefit from having a guaranteed income.
An example of someone who might benefit from taking a cash lump sum from their pension pot.
An example of someone who might benefit from leaving their pension pot untouched.
An example of someone who might benefit from taking all their pension pot in one go as a lump sum.
How might taking my pension pot impact me if I’m in debt?
How might taking pension withdrawals impact me if I am eligible for means-tested state benefits?
How can I maintain the real buying power of my annuity income?
A guide to using your pension pot to provide a guaranteed retirement income for life by purchasing an annuity.
How can I avoid getting poor value for money from my annuity if I die earlier than expected?
Could my current health and lifestyle mean I qualify for a higher annuity income?
Does my current pension policy include valuable income guarantees?
What do I need to consider when deciding the level of my FAD income?
What happens to my pension pot when I die?
