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claiming my frozen pension
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# 1
ampslave
Old 19-07-2006, 10:35 PM
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Default 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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# 2
dunstonh
Old 20-07-2006, 12:35 AM
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Default

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 a Financial Adviser. Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from a Financial Adviser local to you.
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# 3
ampslave
Old 20-07-2006, 5:56 PM
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thanks.thats cleared that up.
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