Jubilación
Plan de rentas a plazo fijo
Una renta conocida durante un plazo elegido y un valor de vencimiento conocido al final, lo que deja al partícipe libre para volver a decidir más adelante en lugar de comprometerse de por vida en un único momento de mercado.
Ladies View, Co. Kerry · Marco Ober, CC BY-SA 4.0
Para quién es
Personas que necesitan un puente hasta la edad de pensión pública o que aplazan una decisión vitalicia
Qué hace
- Plazos de 3 a 25 años
- Valor de vencimiento garantizado y cotizado al inicio
- Prestación por fallecimiento equivalente a los pagos garantizados restantes más el valor de vencimiento
- Sin decisiones de inversión durante el plazo
El producto en detalle
The Fixed Term Income Plan answers a narrow but common problem: the member needs income now, and does not want to make a lifetime decision at this particular moment. It pays a known income for a chosen term — three to twenty-five years — and returns a known maturity value at the end, at which point the member decides again with whatever the market and their own circumstances then look like.
Both figures are quoted at outset and neither depends on investment performance. There is nothing to review, no fund to select and no annual statement to interpret. That is unusual enough to be worth stating plainly: the plan is a pair of promises with a date on them.
The commonest use is bridging. A member retiring at 62 who reaches state pension age at 67 has a five-year hole to fill and no reason to buy a lifetime annuity to fill it. A five-year plan covers the gap and hands back a maturity value at the moment the state pension starts, when the remaining decision is smaller and better informed.
Documentación
La documentación de producto se facilita a los intermediarios acreditados. Pídala a su suscriptor o solicítela mediante el formulario de consulta.
- Documento de características principalesA petición
- Solicitud de ilustraciónA petición
Cómo funciona
Qué ocurre, en orden
Desde la primera consulta hasta el momento en que la cobertura, el contrato o la línea queda en vigor.
A term and an income are chosen
From three to twenty-five years. Income can be level or escalating, and the maturity value moves inversely with the income taken.
Both figures are guaranteed at outset
The income and the maturity value are quoted before the member commits, and neither changes during the term.
Income is paid for the term
With no investment decisions, no reviews and nothing to monitor.
The maturity value is paid at the end
And the member decides again: a lifetime annuity, drawdown, another fixed term, or something else entirely.
Las cifras
Un ejemplo resuelto
Cálculos ilustrativos, para que la forma del producto se vea en lugar de describirse. Nada de lo que aquí figura es una oferta ni una proyección.
Bridging five years to state pension age
A £120,000 pot from a member retiring at 62, on illustrative terms.
- Pot applied
- £120,000
- PlazoFrom age 62 to state pension age at 67
- 5 years
- Income, level
- £9,600 a year
- Total income over the term
- £48,000
- Guaranteed maturity value at year 5
- £82,000
- Total returned across the planIncome plus maturity value, on illustrative terms
- £130,000
- Decision at maturity
- Open
Illustrative and not a quotation. Income and maturity value are quoted together and trade off against each other: a higher income buys a lower maturity value from the same pot. Death during the term pays the remaining guaranteed instalments plus the maturity value.
How income and maturity value trade off
The same £120,000 pot over five years, at three illustrative income levels.
Ver estas cifras en una tabla
| Income paid over the term | Maturity value at year 5 | |
|---|---|---|
| £7,200 a year — Lowest income, largest maturity value | £36k | £95k |
| £9,600 a year | £48k | £82k |
| £12,000 a year — Highest income, smallest maturity value | £60k | £69k |
Idoneidad
Dónde encaja Plan de rentas a plazo fijo
Los casos que resuelve, los que no, y lo que un suscriptor necesita antes de tarificar.
Es la respuesta adecuada cuando
- Bridging a defined gap — early retirement to state pension age, or to a known event.
- A member who does not want to commit to a lifetime basis in the current rate environment.
- Someone who wants no investment decisions at all for a period.
Conviene mirar otra cosa cuando
- A member who needs income for life and will not want to decide again — that is the lifetime annuity.
- Someone who wants market exposure during the term.
- Terms under three years.
Lo que necesitamos para tarificar
- 1.Date of birth, the pot available and the ceding scheme details.
- 2.The term, and whether income should be level or escalating.
- 3.The income required, or the maturity value wanted — we quote the other.
Preguntas
Lo que los corredores nos preguntan sobre este producto
What happens if the member dies during the term?
The plan pays the remaining guaranteed instalments together with the maturity value. It does not simply stop, which is the difference between this and an annuity without a guarantee period.
Is the maturity value guaranteed even if markets fall?
Yes. Both the income and the maturity value are contractual amounts quoted at outset, and they do not depend on investment performance.
Can the term be ended early?
The plan is written for its term. Ask us before setting it up if there is a realistic chance the member will need to break it, because the answer belongs in the design rather than in a later negotiation.
Jubilación
Otros de esta gama
Solicitar información
Consúltenos sobre Plan de rentas a plazo fijo
El formulario llega a un suscriptor en Dublín. Si es intermediario, indíquelo y lo dirigiremos a la mesa de corredores.