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Drawdown Pension

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
boyjammer
Posts: 9
Joined: 09 Jun 2012, 20:34
Gender: Male

Drawdown Pension

Post by boyjammer »

Hi, with retirement looming Is it possible to take my pension as a drawdown pension? If so how do I go about it? Thanks.
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Drawdown Pension

Post by RobertT »

As per our PM's, it's possible to transfer your post 2012 RMPP benefits to a DC pension for drawdown. You'll need to ask them for a CETV and then take it from there.
You'll also probably have to see an IFA to sign it off.

You can also transfer any AVC's you have in Flexiplan and/or Bonusplan to a DC pension for drawdown.
Links to all RM pension related websites are here
boyjammer
Posts: 9
Joined: 09 Jun 2012, 20:34
Gender: Male

Re: Drawdown Pension

Post by boyjammer »

Thanks a lot.