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
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Pension to Lump Sum Conversion rate Plan c
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NorthernBoy
- EX ROYAL MAIL
- Posts: 384
- Joined: 27 Sep 2010, 21:08
- Gender: Male
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NorthernBoy
- EX ROYAL MAIL
- Posts: 384
- Joined: 27 Sep 2010, 21:08
- Gender: Male
Re: Pension to Lump Sum Conversion rate Plan c
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
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
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
Am curious as taking my pension next year.
Thanks