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55 ?

mcscottybhoy2
Posts: 1 Newbie
I have recently found a old pension, from a company i had not really worked too long for any way i have under 2,000 in it, do you have to wait until your 55 to do anything about cashing it in, as its not a huge amount and not to sure what to do with it, i have other pension running at the moment that i use.
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Comments
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You cannot access the pension under age 55 except in a few exceptional circumstances. You may have the option to transfer it elsewhere depending on the type of pension and who it is with.
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If your current pension is a standard DC scheme ( not a final salary scheme ) then you could just request that they transfer the old pension in.
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Albermarle said:If your current pension is a standard DC scheme ( not a final salary scheme ) then you could just request that they transfer the old pension in.
This is something I did many years ago.0 -
garmeg said:Albermarle said:If your current pension is a standard DC scheme ( not a final salary scheme ) then you could just request that they transfer the old pension in.
This is something I did many years ago.
Although there is sometimes a time limit, after joining a company, to arrange a transfer in to a DB
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