Retraite
Plan de revenu à durée déterminée
Un revenu connu sur une durée choisie et une valeur d'échéance connue au terme, laissant l'affilié libre de décider à nouveau plus tard plutôt que de s'engager à vie à un instant donné du marché.
Ladies View, comté de Kerry · Marco Ober, CC BY-SA 4.0
À qui il s'adresse
Particuliers faisant le pont jusqu'à l'âge de la pension d'État ou différant une décision viagère
Ce qu'il fait
- Durées de 3 à 25 ans
- Valeur d'échéance garantie chiffrée dès la souscription
- Prestation de décès égale aux versements garantis restants plus la valeur d'échéance
- Aucune décision d'investissement pendant la durée
Le produit en détail
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.
Documentation
La documentation produit est remise aux intermédiaires accrédités. Demandez-la à votre souscripteur, ou demandez-la via le formulaire de demande.
- Document sur les caractéristiques essentiellesSur demande
- Demande d'illustrationSur demande
Comment cela fonctionne
Ce qui se passe, dans l'ordre
De la première demande jusqu'à la mise en place de la garantie, du contrat ou de la ligne.
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.
Les chiffres
Un exemple chiffré
Des calculs donnés à titre indicatif, pour que la structure du produit se voie plutôt qu'elle se décrive. Rien ici n'est une offre ni une projection.
Bridging five years to state pension age
A £120,000 pot from a member retiring at 62, on illustrative terms.
- Pot applied
- £120,000
- DuréeFrom 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.
Voir ces chiffres sous forme de tableau
| 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 |
Adéquation
Où Plan de revenu à durée déterminée trouve sa place
Les cas auxquels il répond, ceux auxquels il ne répond pas, et ce qu'un souscripteur demande avant de tarifer.
C'est la bonne réponse lorsque
- 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.
Il faut regarder ailleurs lorsque
- 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.
Ce qu'il nous faut pour tarifer
- 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.
Questions
Ce que les courtiers nous demandent sur ce produit
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.
Demander des informations
Interrogez-nous sur Plan de revenu à durée déterminée
Le formulaire parvient à un souscripteur à Dublin. Si vous êtes intermédiaire, dites-le et nous l'orienterons vers le bureau courtiers.