Should I move a DB work pension to a sipp

Andy_L

RogerPensionGuy said:

hjf139 said:

 Yes pension is index linked, not aware of a cap on it. Expected pension at 60 is £8500 pa, dropping at 65 to  £5750. Transfer value confirmed from them is £285 000.

Why does pension go down from age 60 to 65?

It'll be one of those that has state pension abatement. It pays more before the state pension kicks in and less after it does so you have a similar pension income in total (and at the same time makes it cheaper for the employer to provide the pension)

Jonty6262 said:

hjf139 said:

 Yes pension is index linked, not aware of a cap on it. Expected pension at 60 is £8500 pa, dropping at 65 to  £5750. Transfer value confirmed from them is £285 000.

Do all DB pensions do that if you take it early? 

No.