British Railway Final Salary Pension
Did you move your Railway Pension?
Some Railway Pensions in the UK have substantial benefits attached to them; hence they are classed as defined benefit/final salary pensions, which give provide a guaranteed income on retirement.
Members of the Railway pension are often tempted to move their pension to access their tax-free cash and draw down on the funds. Once the pension is moved the member will lose all of their substantial benefits attached to the Railway Pension, which can leave the member substantially worse off.
If you moved your Railway final salary pension, we would recommend that you speak to one of our claim specialists for a free no obligation assessment on 0800 061 4585
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