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Pension
spammy
Posts: 2 Newbie
Hi All, Ive been putting into my pension for a year and a half, but is now changing so want to restart it on the new one. Is it true that I can take the money out before the 2 year point ends?
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Hi All, Ive been putting into my pension for a year and a half, but is now changing so want to restart it on the new one. Is it true that I can take the money out before the 2 year point ends?
No It's not necessarily true.
Some company pensions allow a refund of contributions minus tax, NI and employer's contributions. However you would be mad to do this when you can transfer to another pension and keep the lot.
What kind of pension do you have? Why is it changing?0
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