We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

British Steel pension predicament

Options
2»

Comments

  • Yes it was St James Place. I had enough doubts that I have stopped the process. The time pressure meant I wouldn't have been able to make a clear decision even if it could have been completed in time. For now I'll leave the DB alone and concentrate on my DC and sipp.
    Thanks for the comments.

    Sounds like a sensible decision. I wouldn't quite leave it alone but transfer to BSPS2 rather than leave it to go into the PPF otherwise you will get a 10% haircut.
  • Sounds like a sensible decision. I wouldn't quite leave it alone but transfer to BSPS2 rather than leave it to go into the PPF otherwise you will get a 10% haircut.

    Thanks, yes I have opted to move to the new scheme.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.