Pension statement addressed to old employer

hannaht

Albermarle said:

My experience was similar . The subsidiary company was shut down and absorbed into another sister company . Somewhere along the line who actually where the trustees got blurred ( people left , nobody was interested in some old small pension scheme etc) IN the end I got no info at all for over three years and only after numerous e mails with Scottish Widows did they agree to transfer the pension over to me personally on the basis that trustees could not be located.
My advice to the OP is transfer it out asap whilst you still at least know who the trustees are. 

Thank you, that’s what I’m planning to do now. Thanks v much for your help, and glad yours got sorted eventually x

hannaht

xylophone said:

I’m currently in the local government pension scheme so I will look into transfer options there.

There might have been only a twelve month opportunity from joining LGPS to do this.

https://www.lgpsmember.org/arm/already-member-tvin.php

Otherwise, there will be an AVC scheme available to you - you might consider a transfer in to that and continue to contribute from salary.

https://www.pru.co.uk/rz/teachers/

Or you have a wide choice of personal pensions available to which you could transfer.

You might even consider a transfer to an Aviva personal pension.

https://www.aviva.co.uk/retirement/aviva-pension/

 

Thanks, that’s good to know. I’ll have a look into both options, really appreciate you taking the time to help me x

xylophone

Let us know how you get on.

xylophone

https://www.pru.co.uk/rz/localgov/
I notice I put in the Pru TPS  AVC - should have been Pru LGPS.

hannaht

Thanks, I will do x