This is not a professional actor. The information used in this video is based on the average UK pension being £40,000, according to research carried out by Prudential in 2006. An annuity rate of 3% has been used to calculate the income figure quoted, based on a quotation from Prudential. An initial commission rate of 3% has been used as the amount being deducted from this pension fund. Pensions are long term investments, where the value of your fund(s) can fall as well as rise. The guidance provided within this website is primarily targeted at consumers based in the UK. Pension Pledge is the trading style of SK Financial which is authorised and regulated by the Financial Services Authority. Pension Pledge is not responsible for any content that appears on any of the external internet sites provided on this website.