The British Steel Pension Scheme (BSPS) closed on 31st March 2017, leaving you with an important decision to make. You can either:
Every situation is unique and the decision to transfer or not will differ from person to person. The BSPS2 vs. PPF Calculator is here to help you make a more informed decision.
You will need your Pension Options Booklet throughout this calculator, and if you have a Cash-Equivalent Transfer Value (CETV) this will help give you a more accurate result.
You should not use this calculator as a direct alternative to financial advice, but instead use it as an informative analysis of the options. By using this calculator you are agreeing that the results are a projection and have been made using several assumptions.