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Help - forced transfer
CAN1976
Posts: 263 Forumite
Hello. My wife has received an email from her prior employer stating that as she left with less than 2 years qualifying service her pension pot with them must be transferred.
Problem is she left to go on maternity and is still a Stay At Home Mum. Can we open a personal policy for her without a regular payment just to provide a vehicle to transfer this pot to?
We have only until July 31 for this to be completed (letter lay unopened for a while)
Problem is she left to go on maternity and is still a Stay At Home Mum. Can we open a personal policy for her without a regular payment just to provide a vehicle to transfer this pot to?
We have only until July 31 for this to be completed (letter lay unopened for a while)
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Comments
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Is she still on maternity leave? That is, has she actually left employment?0
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Can we open a personal policy for her without a regular payment just to provide a vehicle to transfer this pot to?
yes she can.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.0 -
Thanks. Will check out the link.
Our youngest is nealry 2 now, defo not still on Maternity!0
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