South Africa Info Forums

The first step in pension planning is to ascertain how much you will get from the state pension scheme. This link will give you some guidance as to how much you can expect to receive http://www.thepensionservice.gov.uk/atoz...recast.asp

Alternatively you can print off this form http://www.thepensionservice.gov.uk/reso...t-br19.asp and post it to the department of works and pensions and then they will do a forecast for you.

Then, in order to get some idea as to how much private/company pension provisioning you require, you can use the Financial Services authority pensions calculator for further assistance http://www.pensioncalculator.org.uk/pages/home.php

In many instances, be prepared for a shock

The Financial Services Authority has also issued a list of comparitive tables for the different Pension providers, these can be accessed here http://www.fsa.gov.uk/tables/

mcamp, i assume these tables are for a UK state pension?
i.e. you would have to spend most of your working career in the UK and retire here?

tink Wrote:mcamp, i assume these tables are for a UK state pension?
i.e. you would have to spend most of your working career in the UK and retire here?

Tink

These figures are for the UK, that is what so many people do not realise. If you are in your late 30's onwards, you would have to put most of your salary into a pension in order to be able to retire here. Many expats are due for a shock when they come to retirement, as they will not be liable to receive the full state pension either, as you have to contribute for most of your working life.