Pension Advice

RichieRooo

I have a pension from a previous employer which both me and my employer paid into for 5 years. When I left and started working for my current employer, they didn't have a pension scheme and still don't. Think they have to give one by December this year.

My question is, the pension I paid into for 5 years - what are my options with that? Is there anything I can do with this now? I believe it is currently in a frozen state.

atush

Was it a money purchase pension or a defined benefit (final salary) type? It most likely wont be 'frozen' as that means something specific.

If door no 2 you will still have the acct with the money in it. They should send you a statement every year. Some you can continue to pay into (good idea of you arent paying in now). Statement will tell you performance, charges etc.

You can leave it as it is, or transfer ti somewhere else if you prefer. which is better depends on a lot of things we dont know.

xylophone

What kind of pension did the old employer offer?