If you’ve not yet touched your pension at all, there’s also the option of an uncrystallised funds pension lump sum (UFPL). This is where you leave your pension invested and make withdrawals as ...

Is there a downside to taking your pension on a monthly basis vs. taking a lump sum? The monthly payments would be higher than the return I would get on the lump sum. – Claudette There are ...

We had several clients (and new ones seeking guidance on this decision) ultimately push retirement up by 1-2 years because if they didn’t take the lump-sum offer ASAP, for example, a lump-sum ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly payments. At some point, you’ll have to make a decision, and this ...