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Buying a pension with another provider

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Hi,

I am recently widowed and have a pension left from my late husband.
They are offering me monthly, quarterly, half yearly or yearly instalments but not a lump sum.
Is there any way i can buy into another pension scheme and get a lump sum to help me keep the wolves from my door?

Thankyou

Comments

  • dunstonh
    dunstonh Posts: 119,719 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Potentially depending on the type of pension and amounts involved. Also, the pension provider will only offer the options that plan has available. Not all the options that are available within the rules.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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