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Pensions transfer advice

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Comments

  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    cookies19 wrote: »
    If you are over 55, would you want to start drawing this pension or leave it to grow further?

    Thanks for the replies - I have read the links - but it intrigues me - would I be able to start drawing this pension?

    Also the links are a bit confusing - I basically want to know can I just invest the higher figure in a product and just leave it there - and perhaps add more when and if the money becomes available - would I be able to access the money ? I am 56 Years old

    yes, you can transfer it and leave it to grow- adding to it when the mood strikes you.

    BUT, what other pension provision have you made as you are already a decade away or so? The general rule is, you can access some pensions at age 55, but the question is SHOULD you (esp if you are still working).

    I'd say no, don't touch it until you actually need it to retire.
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    jem16 wrote: »
    Colin - this site does not allow you to promote or advertise your services in any way.

    Could you please edit your post before it's reported.

    It has been reported now
  • jem16
    jem16 Posts: 19,784 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    innovate wrote: »
    It has been reported now

    Yes I reported it last night after I saw his other three posts. The others have been removed but strangely this one still remains.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    innovate wrote: »
    It has been reported now

    Me too, he had enough time.

    Plenty of IFAs here manage not to advertise/troll for business.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    jem16 wrote: »
    Yes I reported it last night after I saw his other three posts. The others have been removed but strangely this one still remains.


    His post count is two, I guess we missed one lol.
  • jem16
    jem16 Posts: 19,784 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    atush wrote: »
    His post count is two, I guess we missed one lol.

    He made 4 yesterday, all along the same lines. 3 have been removed and he's made a new post today - at least without the link.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well, he is learning. The best we can expect lol
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