u/Madriver1000

Hi all and thanks in advance.

My father has a small pension pot (32k) and is due out in 2 years.

He is adamant to take the lump sum rather than a monthly pay. He has already had the tax free amount out a few years ago.

My question is, would it be better cashing in now and place it in a decent savings account or leave it where it is for another 2yrs with a projected growth of 2.6%.

I'm fairly savvy with finances but pensions are something I'm not sure about.

Thanks.