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Pension to Lump Sum Conversion rate Plan c

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.
NorthernBoy
EX ROYAL MAIL
Posts: 384
Joined: 27 Sep 2010, 21:08
Gender: Male

Pension to Lump Sum Conversion rate Plan c

Post by NorthernBoy »

Hi, has anyone got any recent figures as to what the conversion rate is for when converting pension to lump sum (plan c)

It’s usually around 20 to 1, but am curious what people are getting at the moment.

I’m 53 soon so can’t get a quote yet, but would like an idea as I am thinking about taking all my pensions at 55, with max lump sum

Thanks
NorthernBoy
EX ROYAL MAIL
Posts: 384
Joined: 27 Sep 2010, 21:08
Gender: Male

Re: Pension to Lump Sum Conversion rate Plan c

Post by NorthernBoy »

Just bumping this thread.

Has anyone recently converted pension to lump sum and if so what was the conversion rate.

Wondering if the conversion rate has changed due to interest rate changes etc.

Thanks
NorthernBoy
EX ROYAL MAIL
Posts: 384
Joined: 27 Sep 2010, 21:08
Gender: Male

Re: Pension to Lump Sum Conversion rate Plan c

Post by NorthernBoy »

Hi, has anyone recently converted pension to lump sum section c, is so what was the conversion rate?

Am curious as taking my pension next year.

Thanks