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Pension Company Advised not able to draw down

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Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    aayush wrote: »
    yes that right


    So then investigate providers who will pay towards the transfer fees, I'm sure I've seen an ad from HL there may be others.
    Whether they are best depends what your plans are with the rest of the money.
  • Albermarle
    Albermarle Posts: 29,142 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    So then investigate providers who will pay towards the transfer fees, I'm sure I've seen an ad from HL there may be others.
    Fidelity will pay up to £500 refund of transfer fees. Until recently they also had a cashback offer for transfers but it has just expired.
    HL do not refund transfer fees but they have a current cashback offer.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    As a business model Phoenix buys up closed mortgage books and runs them down. As simple as that. If you wish to anything other than what your original policy contract specifies you'll need to move the pot to another provider.
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