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Virgin Pension-Taking money out
ciare
Posts: 102 Forumite
I have a Virgin pension, and have been paying in £10 per month(with some breaks)for about the past 2 years.
I want to take some money out, could I do this?
How do I do it?
I want to take some money out, could I do this?
How do I do it?
0
Comments
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Hi ciare
You can't take any money out until you reach aged 50 under the pension rules.The salesman should have told you this when he sold you the pension.
Save in an ISA if you think you'll need access to the money.Trying to keep it simple...
0 -
Virgin pensions are not sold. They are bought.
I wouldnt recommend one anyway. They are easily beaten on charges and have a limited investment range.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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