Invest Pension lump sum and risk

Albermarle

onefulham said:

Yes I am one of the lucky ones on a final salary pension
dsbled in shares years ago after Getting the free building society shares but not very successful. So not really in the world of investment 

Even so you should still at least consider not taking the lump sum and having a higher annual pension instead . Normally DB schemes offer at least the two options . Some offer a kind of half way house with a smaller lump sum with a lesser reduced pension. Presume you know how much pension you are giving up for the £140K ?

onefulham

I have various options with higher or lower lump sums and higher or lower annual pension and the same as a level pension when you get a higher pension until reach state age then drops so no big increase at State pension age