Can an expert please help me.  I am 63 years old, recently widowed.  My husbands private pension is worth nearly 80,000 and I have been awarded an income of almost 3,000 per annum.  If Im fortunate enough to live another 10 or even 20 years, what will happen to the residue of my husbands annuity?? And, why cant i release a small lump sum from this annuity?  The annuity is with Prudential (used to be Royal London). Please help me, thankyou

Hi -- Not sure if there is an expert on pensions here, so for up to date accurate advice on what is a complex subject you would for the cost of a local call, be best talking to the pensions advisory service, below.

 

http://www.pensions

advisoryservice.org.uk/

Hi i know it has been sometime since you have written  this post , i do have a financial advisor that believes this maybe possible to release a small lump sum, although this would all depend on your contract with the Prudential and what terms the annuity was set up on.

Many Thanks

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