Final Salary Pension query
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I have a preserved benefit pension from Barclays Bank and my normal retirement date is next January, so just under 6 months. Today I've run a quote on the Towers Watson portal for my pension date and was surprised to see that the figures aren't much different to early retirement figures I obtained previously. So I ran another quote for early retirement in 2 weeks time and it is showing a larger lump sum (only £200) and a slightly larger pension which seems a little strange Is it likely to be possible that I can draw my pension almost 6 months early and be better off than if I wait for NRD, not only in the amount I get but also the fact that I'll be receiving it for 5.5 months longer?