If you have served for any length of time after 1975 and left the forces after 1 January 1986, you are entitled to a pension at 60 or 65. The Current Armed Forces Pension Scheme (AFPS) may suit some, but not all.
You do not have to remain in the Armed Forces Pension Scheme - you have the choice to switch to your own Self Invested Pension Plan (SIPP) which has many benefits including:
You do not have to remain in the Armed Forces Pension Scheme - you have the choice to switch to your own Self Invested Pension Plan (SIPP) which has many benefits including:
- Tax free sum at age 55
- You can leave 100% of your pension to loved ones
- https://www.afvg.co.uk/money/pensions/
John (Lofty) Rames
Branch or Service: Royal Air ForceLength of Service: 15 Years
Rank on Discharge: Corporal
Pension Transfer Value: £88,000
Rank on Discharge: Corporal
Pension Transfer Value: £88,000
Paul Gregson
Branch or Service: RN Fleet Air Arm
Length of Service: 10 years
Rank on Discharge: POAEA
Pension Transfer Value: £76,000
Length of Service: 10 years
Rank on Discharge: POAEA
Pension Transfer Value: £76,000
Graham Tate
Amicus Global Consultancy Limited
Mob: 07989 295128 | Tel: 0113 322 7922 | Email: graham@amicusgcl.com
Address: 9 Queens Court | Great Preston | Leeds | West Yorkshire | LS26 8DD