ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Transferring out my pension from RMPP

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Alanjm75
Posts: 6
Joined: 05 Oct 2022, 18:18
Gender: Male

Transferring out my pension from RMPP

Post by Alanjm75 »

As has been mentioned a few times lately on this forum I have requested a transfer figure for my age 65 cash balance fund. It has come back under 30k so I do not need professional advice about switching .

However does anyone know that if I do this will it affect my annual pension age 65 CSDB also within the RMPP ?
RobertT
EX ROYAL MAIL
Posts: 6622
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Transferring out my pension from RMPP

Post by RobertT »

It won't affect your pension, but it might affect how much tax free cash you can take with it.
Links to all RM pension related websites are here