Civil Service Pension Transfer
in Pensions, annuities & retirement planning
5 replies 338 views
I have a small workplace pension from a previous private employer with legal and general. The civil service have provided me with a transfer in valuation as follows:
L&G pension value £3,129
Annual Pension from Civil Service £418.88
I think (rightly or wrongly) that I would be best to transfer in as the scheme is significantly better and adds a guarantee £418 to my annual pension until I croak it but I maybe wrong.
Any help, much appreciated
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You can always start a new SIPP and get back to the current position if need be but are unlikely to get the opportunity to transfer in again.