From: Daytona 
Newsgroups: uk.finance
Subject: Re: Pension. When to take, what to do.
Date: Thu, 01 Feb 2007 13:53:20 +0000

On 1 Feb 2007 00:59:53 -0800, "toad" 
wrote:

>Is it better to take the different pension funds and contribute to one
>Annuity? (Economies of scale -v- eggs in one basket?)

Don't know if it's possible, I'd ask the annuity brokers that -


>I guess he should be picking a date when the stock market is high to
>actually buy the annuity. Is it legal/possible to go early if it were
>felt the stock market was likely to drop or to delay if it was felt
>the stock market was likely to rise?

Annuities can be taken between 50 and 75 on personal pensions.

>What other things should someone within 2 years of taking a pension
>consider?

He needs to read up on the basics. Good guide here -


Loads more links to official information on my webpage


How much money he needs to cover minimum living standards.

Income drawdown, which gets around the entire problem created by
annuities.

Then ask again  !

Daytona