Transferring out, has anyone done this?

[NorthernBoy]

As promised here is an update on my latest CETV (Rmpp only)

Age 60 Pension £1600 = £35500 CETV

Age 65 Pension £1800 = £31700 CETV


These values are around 50% lower than last year when I was quoted around £135k rather than the current £67. I was expecting a decrease but not to this level. My idea was to transfer out and add the money to my sipp and draw at 55.

Given these numbers and the hassle of trying to get the money out I am leaving my pension within the scheme. If the cetv improves I may look at it again.