Prudential pension 25% drawdown

Albermarle

dunstonh said:

Here is the Pru terms of business:
https://www.mandg.com/dam/pru/shared/documents/en/invs6686.pdf

First page is key.   restriction in products we offer box and no advice given in services we'll provide you with box.

So this 3% charge to move into drawdown, that posters regularly mention, is just a charge for doing something, that other pension providers do for nothing ?

dunstonh

Albermarle said:

dunstonh said:

Here is the Pru terms of business:
https://www.mandg.com/dam/pru/shared/documents/en/invs6686.pdf

First page is key.   restriction in products we offer box and no advice given in services we'll provide you with box.

So this 3% charge to move into drawdown, that posters regularly mention, is just a charge for doing something, that other pension providers do for nothing ?

They are moving the pension from legacy to current.  But apart from that, it appears to be the case.