Transferring deferred Civil Service pension - possible or not??

jem16

Toots111 wrote: »

Hi, thanks for your help. I've done as you suggested, changed the option to 'instant email message' instead of 'not subscribed', then saved my changes. I then went back in to 'User CP' afresh, but it's still saying there are no subscribed threads in the folder?? I'm not the best with technology, and have not used a forum like this before, but I didn't expect to struggle like this. I must be more useless than I thought!! I'm afraid that at some point, I'm not going to be able to find my own thread, so won't know whether I have any replies etc. HELP??!!

It won't show this one as you changed the options after this thread started. You might find it appearing now that you have made a further post on this thread.

However if it doesn't then go to the top of this thread and look on the right hand side for "Thread Tools". Click on that and choose subscribe to this thread - if it says unsubscribe from this thread then it will have done it on your last post.

jem16

Toots111 wrote: »

Personal circumstances are leading me to consider it; sorry I can't be more specific.

If you do decide to go ahead with this you are going to need to use an IFA to advise on this transfer and sign it off.

You may find that difficult to do as in most cases it's a bad idea, you will certainly need to be specific with details. It will also be very costly.

Toots111

jem16 wrote: »

It won't show this one as you changed the options after this thread started. You might find it appearing now that you have made a further post on this thread.

However if it doesn't then go to the top of this thread and look on the right hand side for "Thread Tools". Click on that and choose subscribe to this thread - if it says unsubscribe from this thread then it will have done it on your last post.

Thanks Jem16, I've now sussed it out, yippee!! If I could understand where 'smilies' were, (and it's telling me that I have access to them), I'd send you a big happy face .

Toots111

jem16 wrote: »

It won't show this one as you changed the options after this thread started. You might find it appearing now that you have made a further post on this thread.

However if it doesn't then go to the top of this thread and look on the right hand side for "Thread Tools". Click on that and choose subscribe to this thread - if it says unsubscribe from this thread then it will have done it on your last post.

I used a colon and a closed bracket to make that smilie. Where on earth are the 'real' ones to choose from please??

jem16

Toots111 wrote: »

I used a colon and a closed bracket to make that smilie. Where on earth are the 'real' ones to choose from please??

For me they are on the right hand side of the message pane. If you don't see them do you have an option at the bottom of the box to "Go Advanced".

Click on that and you should see them.

atush

Toots111 wrote: »

Hi,
I don't know whether I will or not as yet. Just looking into it at the moment. I realise that the scheme I'm in is a very good one and hard to match, but there's only so much lump sum I can take from it, whereas if I transfer it, I understand I can take all of it as a lump sum, or take a larger percentage lump sum. Personal circumstances are leading me to consider it; sorry I can't be more specific.

If you need a lump sum, i'd consider not transferring but perhaps saving hard into a DC pension from now onwards.

Will give you what you need, w;o reducing your DB pension for life later?

xylophone

OP, are you of an age to access your pension benefits now (assuming this is what you want to do)?

Toots111

Thanks Jem16, the Go Advanced option does the trick :j.

Toots111

atush wrote: »

If you need a lump sum, i'd consider not transferring but perhaps saving hard into a DC pension from now onwards.

Will give you what you need, w;o reducing your DB pension for life later?

Thank you, but I'm too old and too poor !

Andy_L

atush wrote: »

I guess the main question is, if you can transfer it, why would you want to?

1. Because you are transferring it to another DB scheme
2. Because you don't trust the Government to not pull another back dated change like the RPI/CPI switch
3. You are one of the very small proportion of people for whom moving it to a DC scheme makes sense.