PPRuNe Forums - View Single Post - Forces Pension Petition
View Single Post
Old 18th January 2011 | 14:47
  #25 (permalink)  
BANANASBANANAS
Community Builder
Community Influencer
25 Anniversary
 
Joined: Jun 2001
: ATPL
Posts: 1,153
Likes: 696
From: Brit living in Malaysia
Only really relevant to ex forces people who are living outside UK and have no intention of returning but transferring to a QROPS pension scheme can be advantageous for people in this situation.

I obtained a transfer value on my RAF pension just before all pension transfers were 'frozen pending recalculation' in mid 2010. I have just received the new transfer value, some 6 months after the intial valuation and it is worth 20% less.

But because of the reduced increments I can expect if I stay in the AFPS it is still worthwhile my transferring out.

Very sad day as that is my last link with the military severed.
BANANASBANANAS is online now  
Reply