ASK THE EXPERT
Q I have an account-based pension from which I receive a monthly payment. I am wondering whether it is more advantageous to nominate the payment to be made either every three months or even six months? This way it would stay in the account longer and accumulate a greater return. A What you say makes sense, unless you have a fund that is heavily biased towards shares. If that is the case, a sudden downturn may be more harmful to you if you had to withdraw six months of payments in one lump sum.