You never get to get hold of all of a pension as cash unless it is a really small fund.

You can take 25% as tax free cash but the rest will be used to give you an income.

I have been awarded 54% of my ex husbands Naval Pension. I will receive 54% of the pension value as the value stands now.

My question. Do I have it all cash to my bank or do I have to reinvest it to pay me a monthly sum. I will get 25% cash in hand, so to speak, if I have to invest it.

Any advice greatly appreciated