Replacement Pension Annuity

Cymro22

Good afternoon, can anyone advise whether I can take a deferred Replacement Pension Annuity as a whole lump sum at age 56 while still working if the pension is due not to mature until I am aged 60. Thanks. 

xylophone

deferred Replacement Pension Annuity as a whole lump sum at age 56 while still working if the pension is due not to mature until I am aged 60.

Do you by any chance mean that you have a S32 policy with an insurance company?

Cymro22

Hi, no its a deferred annuity bulk purchased by Aviva.

xylophone

You were a  formerly a member of a Defined Benefit pension scheme with a normal pension age of 60?



https://www.aon.com/unitedkingdom/retirement-investment/risk-settlement/bulk-annuities-explained.jsp

Was this a buy out or buy in? See above.

Do you have on line access to this pension?

Were you given a booklet or fact sheet at the time of the bulk purchase?

If so, what does it say concerning when you may access the pension?

Cymro22

Was this a buy out or buy in? Buy out I believe, ex Equitable Life 
Do you have on line access to this pension? No, statement from a couple of years ago only. 

Were you given a booklet or fact sheet at the time of the bulk purchase? No. 

If so, what does it say concerning when you may access the pension? NA

xylophone

No, statement from a couple of years ago only. 

Do you mean that you used to receive annual statements but these have ceased?

Have you changed address?

If you have this old statement, there may be a telephone number/address for contact.

Otherwise you might try initial enquiry here as to your options 

https://www.aviva.co.uk/help-and-support/managing-your-policy/retirement/annuities/#:~:text=Just give us a call,1603 603 892 from abroad).

under Contact Us.

DullGreyGuy

Cymro22 said:

Hi, no its a deferred annuity bulk purchased by Aviva.

By Aviva? Dont you mean from Aviva?

How much is your pension?