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Pension Award Letter  Form

Pension Award Letter Form

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Instructions and help about Pension Award Letter

now if you have been nominated as a beneficiary of one of these defined contribution pensions you should have the option to keep the money inside a pension now don't be put off by the paperwork you receive from the pension provider they may bamboozle you with lots of different options one being the fact you could secure a lifetime income also known as annuity another option they might promote is the fact you could just take the cash lump sum out of the pension but the option you should be looking for is moving the p money into a beneficiary draw down pension now even if the provider does not have this option available you should be able to transfer the Pension funds into a different provider of your own choice that does offer the option of a beneficiary draw down pension

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