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Pension lump sum or increase pension

Pip_Thatch · 2016-05-08 15:07:39

My frozen benefit pension becomes active at the end of the month. I opted for a smaller lump sum & increased pension and sent off the forms in April. However my personal situation has changed and I think it's better for me to take the full lump sum & smaller pension. Can I do this, by contacting my old company's pension…

Comments

mgdavid Posts: 6,710 Forumite

13 May 2016 at 9:23PM

Pip_Thatch wrote: »

Am set up for Carers Allowance, just need to decide what to do with Lump Sum from Pension now. Saving rates are poor, need to sit down and get my head around all this...lol !!

high interest current accounts - TSB 5% up to £2000, + others similar.
Any left over, Santander 3% up to £20000.

The questions that get the best answers are the questions that give most detail....
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