Cheviot has developed the Compare Your Options tool to help you understand the different ways you can access your benefits. You might have benefits from other pension arrangements and you can input your own personal information and include it in the calculations.
You need to have the following information to use the tool. Your Benefit statement will provide most of this information. You can use our forms here to help you organise the information. If you don’t know some of this information, you can still compare your options with the information you do have but remember that the results will not show the full picture. Pop ups will help you explain the information required.
The results page will show you some indicative figures which compare the three main options of cash, secure income and flexible income at retirement.
If you have this information to hand, it should only take about five minutes to get to the results page.
The information shown is provided in good faith but is not a substitute for taking independent financial advice. We also recommend that you consult the government’s free guidance service Pension Wise.
Cheviot Trustees Limited does not accept any liabilities for the figures shown and you should not rely on them before making any decisions.
The information on this page is provided in good faith but is not legal or financial advice or binding on the Trustee. The trust deed and rules will override in the event of any inconsistency.
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