JTO
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.
Ahh, ok, it could be that.
When you run the numbers the calc says "Benefit Purchased", with the maximum being £6500. I assumed the "Benefit Purxhased" was the purchase "price", so £6500.
So you are suggesting to get £6500 of "Benefit Purchased", it may cost you a lot more....? Which kind of makes more sense, I did think it was too good to be true....