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Options for what to do about pension.

Options
My wife has left her job after a mutual agreement at 58 years of age. She had to change pensions from a county council pension (which is now deferred) to a new company pension 6 months ago for reasons too long to go into here. Anyway, she has now finished work and has 6 months payments into the new pension, around £700. What are her options with this pension. Refund of contributions, short term pension, lump sum payment???

TIA.

Comments

  • dunstonh
    dunstonh Posts: 119,706 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What are her options with this pension. Refund of contributions, short term pension, lump sum payment???

    Possibly all of those. Probably the last 2 for sure.
    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.
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