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Roland_Flagg Posts: 1,256 Forumite

27 March 2014 at 6:10PM in Pensions, annuities & retirement planning

First of all I have to admit I know nothing about pensions.

So, I took out a pension with them about 20 years ago when I was 25 (it may have been a company pension, can't remember), and stopped paying into it about 5 years later. So the money has been frozen since then.

I know they have had major issues, and this week I get a letter saying they are adding 25% to the fund and seem to suggest I can get the money out now?

Anyway, I'm right in thinking I cancel the whole thing and get my money out (I have another pension now), or do I have to wait until pension age?

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