Can I take lump sum now?

snurse66

I have two very small annuities which have been paying for about 5 years. One provider recently offered a lump sum instead of the regular payments, with no further call on them. Can I ask the other provider to do this, or was this simply at their discretion?

Mnd

Just ask them, they can only say no at the worst

dunstonh

It is at the discretion.

linda_sharpe

please help me use this site martin....im 54 yrs old and im a pallilitive end of life lady. I have been able to take my pension share from my divorce as a lump sum early due to only having 12 months life expectancy.I also have my own NHS pension which i belive i can do the same with it the forms have been sent in .At the momement i have my pension share in a Santander 123 current account im very ill and not good at these things i saw your program tonight with the lady who had lost her husband by early death and prompted me to get in touch.I havent been spending money i just use my sickness benifit...I need help as to where would be the best place to invest my lump sum i have thought about an issa but i find it all confusing.My sum is £41,000 and would dearly love you to help invest it wisley.Please get back in touch with me before i reach my final life time ...A very confused dying middle aged lady

kind Regards and look forward to your speedy responce

Linda Sharpe

dunstonh

linda_sharpe wrote: »

please help me use this site martin....im 54 yrs old and im a pallilitive end of life lady. I have been able to take my pension share from my divorce as a lump sum early due to only having 12 months life expectancy.I also have my own NHS pension which i belive i can do the same with it the forms have been sent in .At the momement i have my pension share in a Santander 123 current account im very ill and not good at these things i saw your program tonight with the lady who had lost her husband by early death and prompted me to get in touch.I havent been spending money i just use my sickness benifit...I need help as to where would be the best place to invest my lump sum i have thought about an issa but i find it all confusing.My sum is £41,000 and would dearly love you to help invest it wisley.Please get back in touch with me before i reach my final life time ...A very confused dying middle aged lady

kind Regards and look forward to your speedy responce

Linda Sharpe

Martin doesnt contribute on this site. It is left to a lot of regular posters to answer questions.

Can I ask you to repeat your post on a new thread (look at the pension threads and press "new thread". This will allow you to put your post into your own thread and allow people to answer your questions.

If we were to answer your questions on this thread, which belongs to snurse66 asking an unrelated question, it would take the conversation off topic and potentially leave snurse66 without replies. This is known as thread hijacking and is frowned upon. As a first time poster, you wouldnt necessarily know that.

You dont have to retype everything from scratch. You can copy your text and paste it into the new thread you have created.

Mnd

And Linda, you may want to ask to change your user name, if anything personal gets discussed you may want to preserve your anonymity.
Best wishes
M