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will my legacy pension provider notify me of the new pension pot rules?
littlerock
Posts: 1,774 Forumite
I have two historic pension "pots" (with Abbey Life). They are not worth a lot and I have been hoping to cash them in come the arrival of the new rules in April. So far I have heard nothing from AL about this option Can I expect to?
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Comments
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Most legacy plans are only supporting full withdrawal. Some will allow ad hoc withdrawals (no income). You will know before the start of the tax year what they will offer.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
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