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Pension Transfer Specialist Help

Misteeq · 2024-09-03 16:44:05

Hi, Following on from my other post yesterday, can anyone advise a Pension Transfer Specialist please? The pension I would like to cash in has a special feature - Guaranteed Annuity Rate. I now understand why Royal London have advised I need to speak to a Pension Transfer Specialist. (I was not aware of this before as not…

Comments

coyrls Posts: 2,536 Forumite

4 September 2024 at 3:40PM

dunstonh said:

My understanding of a GAR is that it has to be taken at a specific age.
There are some like that. And the worst case scenarios may even have a limited window before the GAR is lost. However, both the ex CIS pensions and ex Scottish Life pension, both now with RL, have GARs that improve with age.

Ok, more complicated than I realised, which is often the case!

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