After paying in to a pension system for many years (possibly up to 40) ,somtimes with a number different schemes if a person changes jobs, or If a pension system ceased a few years previous, it should also include accumulation of fund because they have held onto our money, the pension provider simply gives us a statement at retirement, as in my case.
How can a person check the calculations that the pension provided gives at retirement?
We are really at the mercy of the pension company when deciding what our pension entitlement is, they seem to be able to blame the market condition for a reduced pension. Are we getting the good deal that we first looked at when taking out a pension?
How can a person check the calculations that the pension provided gives at retirement?
We are really at the mercy of the pension company when deciding what our pension entitlement is, they seem to be able to blame the market condition for a reduced pension. Are we getting the good deal that we first looked at when taking out a pension?