Ken was approaching 55 and was reviewing his retirement options but thought he would have to work until at least 65. He had requested a retirement quote from his old final salary scheme but the amount they would pay was not enough to live on. He approached Audley who asked the scheme for a transfer value. Due to favorable conditions, the amount offered by the scheme was 2.5 times higher than when he last received a transfer value in 2013. The offer of a seven figure sum has totally changed Ken’s perspective and we have restructured his pension provision to provide a living flexible income for Ken. Ken is looking forward to reducing his hours over the next few years to spend more time with his family. He hopes to retire fully by the time he is 60.