Cashing in existing pension

rumandcoke

Hi, When i was 55 I took a small lump sum of £2000 and a monthly
pension from my then employer. Today, at 65 years of age i continue to receive a small monthly pension of £108 (gross) from this. As I am now retired fully and in receipt of both a state pension and another (separate) company pension I was wondering if I could 'cash in' the above small pension in exchange for a lump sum?
If this is possible, where would be the best place to start?

atush

No, you can't You dont have a pension anymore.

What you have is an annuity you bought with the 75% of your pot after you took the 2K, or you have a DB/final salary pension in payment.

What type is it?

You could ask your provider if a DB pension if they wanted to pay you a lump sum (sometimes they do for very small pensions) or if a conservative govt is elected, you could sell your annuity (possibly at a 'loss' to you).