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how to keep pension from previous employer

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Hi,

I have recently left employment where, after serving less than 2 years, I must transfer the pension to my new employer or recieve my contributions back. Decision has to be made within 2 months.

OK so i would like to transfer, however my new employer requires me to be joined in their pension scheme for a 2 year period before I can transfer my pension from previous employer.

What can I do with my pension in the mean time without loosing the real value of it?

Comments

  • jem16
    jem16 Posts: 19,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Open a personal pension and transfer into that.
  • +1 for jem's post

    if it seems too difficult, just open a stakeholder online in 10 minutes flat - it may or may not be the best option, but it is certainly a whole lot better than taking a refund of contributions.
    :beer:
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