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discharge papers

Am in process of transfering my private pension.Why must I have a witness sign my discarge papers?
My friends are reticent to sign.

Comments

  • dunstonh
    dunstonh Posts: 121,280 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Some providers ask for a witness, some do not. Most financial advisors will witness them for you, if you are using one.

    It is a legal document so I guess some providers feel a witness is necessary to reduce the chance of fraud. After all, once the pension has left the provider, you can't go and stick it back again if something goes wrong (with most providers).
    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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