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old pension plan advise

i took out a prosperity pension plan -with profits with pearl in 1994 at the age of 17 ....i then got married and stoppec paying in a year later...i have just recieved a statemnt saying what my pension will be worth...and transfere value...which is only £1300
i know absolutly nothing about pensions and wondered if anyone could tell me the best thing to do ..
start paying in again?
can i start a new pension and transfere it.
or is there nothing i can do with this so i should just start again?

Comments

  • dunstonh
    dunstonh Posts: 121,700 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    start paying in again?

    No. Pearl are closed for business. You can start a new one elsewhere though (and transfer the Pearl one to it if you want)
    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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