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Private UK pension postcode question


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Posted (edited)

My private pension is due next month and I'm in the process of advising them of my details. Apparently the payout is a bit of a lottery as they base it partly on your postcode. If you live in a deprived UK area or have serious health concerns you may get a higher payment.

 

As I live in Thailand I wonder how this will affect my payout. Clearly they can't assess it on a UK postcode as I don't have one. I wonder if anyone here has experience of this or knows how they assess this. I will have a clean bill of health so I imagine I will get a standard annuity, but will they adjust the payment because I live abroad?

 

Thank you.

Edited by Baht Simpson

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