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Encash small pension plan?
Qeza2K3
Posts: 3 Newbie
Hi,
I am planning to move to Spain, I am 25 and intend to start a Spanish pension with my new company when I get there.
I have worked for a company here for 12 months and have been paying into a group pension scheme. My employer also contributed to this scheme.
Is there anyway I can ask for a refund or encashment of funds as I know the Spanish provider will not take these funds on and there is no point in having a pension pot in the UK of just over £1,200.
Any help on how I can get this money back would be appreciated.
Thanks!
I am planning to move to Spain, I am 25 and intend to start a Spanish pension with my new company when I get there.
I have worked for a company here for 12 months and have been paying into a group pension scheme. My employer also contributed to this scheme.
Is there anyway I can ask for a refund or encashment of funds as I know the Spanish provider will not take these funds on and there is no point in having a pension pot in the UK of just over £1,200.
Any help on how I can get this money back would be appreciated.
Thanks!
0
Comments
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The short answer is no. You can't access the money until you are at least 55.Midas.0
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Speak to your scheme administrator. Some company schemes will refund your contributions if you leave before 2 years0
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