Yes. We will ensure your income continues to be paid without interruption. There will be no change to your income if:
- it is a specific amount of money
- it comes from a Collective Retirement Account
- it is based on a percentage of the value of your investments.
If your income is funded by dividends and interest generated by the funds you hold (also called ‘natural income’), you will be paid faster and you’re likely to receive more income payments. This is because we’ll pay interest and dividends to you as and when we receive them from the fund manager, rather than ‘rolling them up’ and paying them to you as a larger amount like we have done in the past.
If you would prefer to receive your income as a set amount, you can choose to do so. Please speak to your financial adviser for more information.