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New job won't acept old pension fund transfer

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  • sjb92
    sjb92 Posts: 60 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Hello again everyone

    Further to the thread above, I have another quick question. Is it possible for me to transfer this pension fund to one that is held in my wife's name? In particular, would I have to pay tax on it?

    My reasoning is that we would then take a short holiday on making contributions to my wife's pension and put money in a more accessible pot ready to be used as the deposit for a house...

    Thanks in advance for any help or suggestions.
  • dunstonh
    dunstonh Posts: 119,785 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Is it possible for me to transfer this pension fund to one that is held in my wife's name?
    Not unless you divorce.

    Just in case anyone reads this thread from new, the information in the 2007 posts is now obsolete. AXA have sold their UK life and pensions business and are focusing on wealth management now and their current offering is more niche market than the plans that were mentioned on this thread.
    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.
  • Andy_L
    Andy_L Posts: 13,028 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No (unless you die)
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