55 this year

[qwerty2]

In the job for 26 years - 55 in a few months
PT and In section C
Can you get anything without affecting the rest of your pension?
Or just leave it till I retire?
Thanks

[RobertT]

In the job for 26 years - 55 in a few months
PT and In section C
Can you get anything without affecting the rest of your pension?

You can take just your Age60 or just Age65, but you have to take all of those benefits – you can't just take a lump sum and leave the pension.
If you take your benefits before those ages, you'll see a 5% per year reduction.

It is possible to transfer your Cash Balance out to a personal pension and access the cash from there. But if it's value is over £30k, you'll need an IFA to approve it, which you're unlikely to get.

If you have AVC's, you can transfer them without an IFA.

Or just leave it till I retire?

Everyone is different, but the general rule is if you don't need it, don't take it early.