UK personal pension - new rules. Need IFA?

[caziques]

I'm 57, and lived in NZ for the last 14 years.

I have a personal pension in the UK worth about 50,000 pounds.

I would like to have 25% of the fund - and have a 1 year annuity for the remainder. In a years time I could then decide what to do with the balance.

At least one company who does a 1 year annuity claims they don't deal with the public. The fund holder says I have to go through an independent financial advisor.

Anyone out there in PH land who can assist?

I still have a UK bank account, plus parents and sisters with UK addresses.

I can sort out any income tax issues in NZ, I just need a way to do everything else.

[HenryJM]

I am not a financial advisor, but from what I know if you can wait for April I would. The rules are changing to give you more access to the money in the funds but I understand that the rules are still emerging and buying an annuity, even for a year, could put you out of options on what you can do.

But, as I say, I'm not an expert.

[jdearden]

feel free to contact me and im sure i can help with your issue, [e-mail]

[caziques]

Thanks James, PM sent.