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Transfer Pension without using Financial Services Advisor
mariyah100
Posts: 4 Newbie
Hello
My previous employer swapped pensions schemes during my employment.
I was employed with this company for 3.5 years.
This means I have 2 years company+personal pension contributions with Standard Life and 1.5 years company+personal pension contributions with Scottish Equitable.
I want to consolidate the 2 pension policies from my previous employer. I want to transfer funds from Standard Life to Scottish Equitable. However, Scottish Equitable say they are unable to accept these funds from Standard Life without the authority of a Financial Services Advisor. Is this true?
Why should I have to pay a third party to action a decision for me that I have already made? Seems like a load of bureacracy and red tape!
Is there a way of getting round this?
Are there any other alternatives? (besides not consolidating the pensions!)
Thanks all in advance for your advice,
Mariyah
My previous employer swapped pensions schemes during my employment.
I was employed with this company for 3.5 years.
This means I have 2 years company+personal pension contributions with Standard Life and 1.5 years company+personal pension contributions with Scottish Equitable.
I want to consolidate the 2 pension policies from my previous employer. I want to transfer funds from Standard Life to Scottish Equitable. However, Scottish Equitable say they are unable to accept these funds from Standard Life without the authority of a Financial Services Advisor. Is this true?
Why should I have to pay a third party to action a decision for me that I have already made? Seems like a load of bureacracy and red tape!
Is there a way of getting round this?
Are there any other alternatives? (besides not consolidating the pensions!)
Thanks all in advance for your advice,
Mariyah
0
Comments
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Hi, I think you have posted in the wrong forum, I have moved your thread to the Pensions board.0
-
Hi Misskool,
I noticed the same just after I posted my message, and posted it again the the right forum anyway.
Thanks again.0
This discussion has been closed.
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