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claiming my frozen pension
19-07-2006, 10:35 PM
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MoneySaving Newbie
Join Date: Jul 2006
Posts: 2
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claiming my frozen pension
i have paid into a company pension for about 4 years and had the pension frozen when i left the company 2years ago. with an expanding family we need the money in that pension to buy a new car as we have no savings. i have written to the company and asked for this money but they have told me i cant get at it as i had been paying in for more than 2 years. does anyone know how i can get at this money either buy selling my pension or by other means.
Thanks
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20-07-2006, 12:35 AM
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Mega Magnificent Maxi-Meticulous Uber-MoneySaving Magnate 
Join Date: Apr 2004
Location: Norfolk
Posts: 66,209
Thanked 35,568 Times in 24,747 Posts
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A pension is for your retirement. Unless you are over the age of 50 (55 from 2010) or have an special occupation that allows earlier retirement (professional footballer for example) then you cannot get access to it.
I am an Independent Financial Adviser.
Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
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20-07-2006, 5:56 PM
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MoneySaving Newbie
Join Date: Jul 2006
Posts: 2
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thanks.thats cleared that up.
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