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Buying a pension with another provider
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desperateinsussex
Posts: 2 Newbie
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
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
0
Comments
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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.0
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