Who is this box set for?
Anyone looking to explore the different ways they can take their defined contribution pension.
About this box set:
The Pension Freedoms box set takes around 30 minutes to view and comprises 8 short videos. It gives viewers impartial education about all their pension freedoms options. It begins with a brief summary followed by more detailed information on drawdown, annuity, lump sum, take it all and leave it.
The penultimate video looks at how tax is applied to pension withdrawals and the final video covers pension scams.
As well as core learning the viewer has the option to select and watch more detailed videos about drawdown and annuity as well as how debt and means tested state benefits might influence their decisions about taking money from their pot. Viewers can also choose to watch case studies on the different options to help bring them to life.
All viewing choices are reflected in the viewing report.
More information on the box set chapters:
1. Disclaimer - 1 min
Important notice on inheritance tax changes.
2. Summary of your pension freedoms options - 2 mins
Find out about the different ways you can take your pension in this short summary.
3. Guide to flexible income - 5 mins
A guide to using your pension pot to provide a flexible retirement income.
4. Guide to guaranteed income - 6 mins
A guide to using your pension pot to provide a guaranteed retirement income for life by purchasing an annuity.
5. Guide to lump sum - 5 mins
A guide to taking cash lump sums from your pension pot as and when you need them.
6. Guide to taking it all - 4 mins
A guide to taking all your money out of your pension pot in one go.
7. Guide to leaving it - 4 mins
A guide to leaving your pension pot where it is and deciding to make your choices later.
8. Tax - 4 mins
How will my lump sum be taxed?
9. Scams - 2 mins
How can I protect myself from pension and investment scams?
Additional Videos
(which the viewer can choose to watch or skip).
Case study – Guaranteed Income - 5 mins
An example of someone who might benefit from having a guaranteed income.
Case study – Flexible Income - 6 mins
An example of someone who might benefit from having a flexible income.
Case study – Lump Sums - 4 mins
An example of someone who might benefit from taking a cash lump sum from their pension pot.
Case study – Take It All - 4 mins
An example of someone who might benefit from taking all their pension pot in one go as a lump sum.
Case study – Leave It - 5 mins
An example of someone who might benefit from leaving their pension pot untouched.
Debt - 2 mins
How might taking my pension pot impact me if I'm in debt?
Means-tested state benefits - 2 mins
How might taking pension withdrawals impact me if I am eligible for means-tested state benefits?
Additional Guaranteed Income Videos
Inflation - 4 mins
How can I maintain the real buying power of my annuity income?
Joint life annuity - 3 mins
A guide to using your pension pot to provide a guaranteed retirement income for life by purchasing an annuity.
Guaranteed death benefits - 4 mins
How can I avoid getting poor value for money from my annuity if I die earlier than expected?
Health & lifestyle - 3 mins
Could my current health and lifestyle mean I qualify for a higher annuity income?
Guaranteed annuity rates - 2 mins
Does my current pension policy include valuable income guarantees?
Additional Flexible Income Videos
Maintaining your FAD income - 3 mins
What do I need to consider when deciding the level of my FAD income?
Death benefits - 4 mins
What happens to my pension pot when I die?
