Originally Posted by
downsizer
So essentially for a 6.5k investement, I get 12k back plus an extra 2k a year for life....
Rereading your post has me wondering if one of us has the wrong end of the stick. As I understand it the £6500 is the maximum you can receive or 'add' to your final pensions when in payment. It is not what you invest.
What is unclear is how much you have to invest to receive the full £6.5k. Using the indicative figures mentioned earlier it could require a £65,000 investment to receive the extra £6500 per year.
I'm sure someone will step in if I have this wrong as I am less than clear on the costs of this scheme.