Transfer of benefits
Posted: September 10th, 2018, 12:19 pm
I worked for Barclays bank for a year or so give or take in 1985/6
I was a member of the following scheme
The Barclays Bank UK Retirement Fund (the UKRF)
The 1964 Pension Scheme
The scheme had a GMP (Guaranteed minimum pension) of 17.68 as of 11 April 1986 and I have been given a total transfer value of 8,916.05
How do I work out if this is fair value? if i try to get the GMP as of todays date on the scheme website it does not calculate it.
I intend to call them about this but what other questions should I ask
Thanks
Paul
I was a member of the following scheme
The Barclays Bank UK Retirement Fund (the UKRF)
The 1964 Pension Scheme
The scheme had a GMP (Guaranteed minimum pension) of 17.68 as of 11 April 1986 and I have been given a total transfer value of 8,916.05
How do I work out if this is fair value? if i try to get the GMP as of todays date on the scheme website it does not calculate it.
I intend to call them about this but what other questions should I ask
Thanks
Paul