Legal and General pension transfers

cloud_dog

T_Watts wrote: »

Suspiciously fast rebuttals. Methinks the ladies protest too much.
Apparently it's quite normal to offload your low value pots, and keep the high value pots. Nothing to see here.

Perhaps in order to manage the process and mitigate risk they are simply undertaking a phased approach. Why not just ask them rather than worry about conspiracy theories?

[Deleted User]

T_Watts wrote: »

Suspiciously fast rebuttals. Methinks the ladies protest too much.
Apparently it's quite normal to offload your low value pots, and keep the high value pots. Nothing to see here.

You are talking nonsense.

Both my husband and I have high value pots that are being transferred from L&G to Reassure and we have both received all of the details.

Perhaps rather than wasting time coming up with some weird conspiracy theory you contact L&G and ask for your pack?

Thrugelmir

T_Watts wrote: »

Clearly L&G are only offloading their low value pots, but are quite happy to keep the larger ones.

£100k isn't a large pot. Maybe a lot of money to you. Not in the wider world.

peterbaker

SonOf wrote: »

T_Watts wrote:

I smell BS from some of the replies here. I suspect some respondents have some kind of vested interest in ReAssure or L&G.
Both my wife and I have L&G stakeholder pensions. My pot is well over £100k, her pot is a few hundred pounds.
She has received a letter notifying her of a proposed transfer to ReAssure. I have not.
Clearly L&G are only offloading their low value pots, but are quite happy to keep the larger ones.

You suspect wrong.

Again you are wrong.

Perhaps if you put your nose to better use, you would not make these mistakes.

L&G are selling their legacy life and pensions book. The value of individual plans is irrelevant.

Well that assertion didn't last long, now did it, dunstonh?

Swiss Re agrees to sell ReAssure to Phoenix for 3.25 bln stg

SonOf

peterbaker wrote: »

Well that assertion didn't last long, now did it, dunstonh?

Swiss Re agrees to sell ReAssure to Phoenix for 3.25 bln stg

What bit?

Doesn't change anything.