K
kenh
Guest
I have about 7 pensions with different providers all of the 'Defined contribution' type and am reaching the age when I'm thinking about retirement. I have received current valuations on all of the pensions but was wondering how do I go about taking them.
I understand I have to buy an annuity with the 'pot' but what is the mechanism to assemble the 'pot' into one gross amount in a bank account?
Secondly am I restricted to buying an annuity in Ireland? The UK appear to be giving a lot better rates of up to 6%
I understand I have to buy an annuity with the 'pot' but what is the mechanism to assemble the 'pot' into one gross amount in a bank account?
Secondly am I restricted to buying an annuity in Ireland? The UK appear to be giving a lot better rates of up to 6%