What would you do? Pension and lump sum mix.

t0rt0ise

Thank you. I'll read all this again and do some thinking.

PensionTech

60 is the age without reductions for deferred members which I am.

Just to throw a spanner in the works, you might want to find out whether the scheme offers late retirement. Some schemes will enhance benefits paid out late, just as they will reduce benefits paid early. If you don't need it for 5 years then it could be worthwhile.

t0rt0ise

Thanks. I'll ask about it but they aren't particularly quick at answering emails.

Over the 5 years between age 60 and 65 I'll have potential for collecting £19,000. The enhancement will have to be good for me to put 19 grand on hold and risk not living long enough to get it back.