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Stakeholders Pension
ppsm4
Posts: 1 Newbie
Hi i wonder if you could give me advice on my stakeholders pension.I have had this pension for over 5 years but have not contributed for about a year. I have been told that there is no way i can get my money out of this pension until i retire is this correct ?
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Comments
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Yes it is correct. At age 55 you will be able to take 25% tax-free cash.0
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Well, you'll either be able to get it at 50 or 55 (age dependent) as things currently stand, whether you actually retire or not.I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
you could also recieve it earlier based on very bad health, or take the whole lot based on trivial commutation rules at retirement age.0
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