Really interesting and explained well.

You sir are underrated! Thank you!

I'll be claiming my government DB pension in a couple of months time - & I realise how lucky I am to be able to say that.

Your videos are always helpful 👍🏻

I'm not sure but I think my local authority pension was DB and then changed. My forecast is always split into two figures pre-change and post-change. It still seems a better pension than most of my peers have so I'm not complaining.

Brilliant Thank you

It would have been good to point out that often these schemes will have a clause that means payment is reduced when your state pension kicks in. As I understand it my 6 years of employment in the 1980s on a final salary scheme will give me a small pension which will only be paid between age 65 and 66 after which my state pension (with maximum entitlement) is considered to have replaced it... which seems pretty unfair to me. On that basis a final salary pension scheme would only seem beneficial if employees work for the company for a very long time or with a very above average salary.

are defined benefit pensions included as income under the age pension ?

Good video. 42 years in a DB scheme with an AVC lump. Is there a video on tax implications when you receive a tax free lump sum and take out 100% AVC contribution (which I can do) ?

Hi , Tim . I am a tax student , I really understand very well only your videos. You have cgt tax video and a lot . Could you please let me know how can I watch all your tax related videos , basically I am an ATT student . Thanks

this video helps only 0.01% of the youtube population who MAY be in a position to receive a Final Salary pension. Looking forward to other real life relevant Pension related videos

I liked your video, but I dont like what you said (because what you said is so depressing...)

Gosh he's got old, anyway great info as always.

I will need to die when I’m 83 ,I am just taking from my pot ,no annuity ,and will have spent all my money by the age of 83 ,