We'd like to remind Forumites to please avoid political debate on the Forum... Read More » 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.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

GMP Buy out - Section 32 Pension pot transfer - getting nowhere!

bemac · 2020-07-03 14:05:35

I am looking for information in regards to transferring a GMP policy created in the late eighties to an adjustable income policy. In recent conversations with the holders I have been informed that the policy cannot be transferred. Yet many Financial Advisors, The Govt Pension Wise team, CAB and the information available…

Options

Comments

minty777 Posts: 398 Forumite

4 August 2020 at 8:06AM

I know you can't add money to a section 32 but money can be added to it if it's a compensation payment in regards the said policy

0