can I get a loan against my pension

dunstonh

Tealblue said:

dunstonh said:

If you are in a defined contribution scheme and over 55 then yes.

Agree you can usually transfer - but this statement taken on its own is, as already pointed out, misleading. There are loads of people on this board who would read it and take it to mean the whole universe of DC schemes, including the one they took out in 1989, and badger the poor old pension provider accordingly.

And if they took one out in 1989 then they can do it.   The fact it needs switching to a modern plan does not prevent drawdown.

I think the question asked is the issue.  "Does any type of pension allow you to take 25% out whilst still leaving the pension active?"
I was looking at it from the DB vs DC level as that is what the thread subject is about (the OP has a DB pension and was asking about drawdown).   Whereas you are Mordko are looking at it from the provider level.  So, we are all correct.