"The best performing pension could produce more than three times more pension income than the worst performing one. The really bad news is that your pension fund is more likely to be amongst the bad than the good" The Observer
For every £1,000 of fund you have accumulated up to your retirement date will provide you with very different levels of annuity (“annual income”) from different insurance companies.
Your potential gain could be massive by moving from your exiting pension provider, but only with expert help. You will be offered different options (single or joint life pension, level or escalating payment, fixed or flexible retirement income etc): making the decision can be a daunting task.
How to make the task easier?