We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that dates on the Forum are not currently showing correctly. Please bear with us while we get this fixed, and see Site feedback for updates.
Refused to sign equalisation forms ?????

ScoobyZ
Posts: 488 Forumite


Hi my wife is trying to transfer a small pension amount into her new company pension scheme and botht the old and new partys have refused to sign the equalisation forms so it can not be transfered.
Any idea why this is and is there anything we can do about it.
Any idea why this is and is there anything we can do about it.
0
Comments
-
The taking on of GMP liability (I assume there is GMP here) is too great and they are correctly refusing to sign the forms.
This often happens on non-advised cases and is a warning that there is a good chance that leaving the pension where it is is the best option. Not transferring it. (rough guide only)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 -
OK thanks. I was trying to transfer one of the 2 small ones my wife has. There is a clause that if she leaves her present company within 2 years of starting the pension then they will claw back all their contributions unless a previous pension has been transfered in.0
-
She could pay the old scheme into a personal pension/stakeholder.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
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 348.3K Banking & Borrowing
- 252.1K Reduce Debt & Boost Income
- 452.4K Spending & Discounts
- 240.9K Work, Benefits & Business
- 617.2K Mortgages, Homes & Bills
- 175.7K Life & Family
- 254.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards