Factors Flashcards
1
Q
Factors FOR and AGAINST to consider
A
- ATR / CFL / Loss of guarantees
- Health /Longevity
- Need for Income and Capital
- Debts and Liabilities
- Other assets
- Other Pensions
- other Income
- Impact on Means Tested Benefits
- Charges & Complexity - higher intial - ongoing - need for Reviews
- Death Benefits - flexability - FAD - Lifetime Annuity - Lump Sum
- Scheme Funding
- Employer Solvency
- Investment Preferences
- Scheme Penalties / Enhancement
- Revalauation / Escalation
- Commutation factors
- PPF protection / cap
- Legislation changes
- Taxation now and ongoing
- Views on inflation
- Marital Status
- Dependants
