Accessing funds within a small pension pot?

ukonlineshopping

Got £15k in a small Aegon pension and haven't paid in for years.

Getting hold of this £15k would go a long way to clearing my mortgage, any ideas about how I could go about getting hold of this perhaps via a SIPP?

rising_from_the_ashes

You'd really need to write to them and see if you can actually access the funds.

I tried to get money out of a small pension that I had when I worked for a company for around a year (you were supposed to be able to transfer it to a new employer, but as they had their own pension, they wouldn't let me) and I was told there is no way I can access it.

pure_dead_dopey

depends what age you are, I think its 55 now, its changed recently

zcrat41

SIPP's cannot be used to invest in residential property.