Moving a Zurich personal pension

hi guys, I’m 62 and would like to access my 25% pension allowance for a house move. Zurich tell me that I can’t draw down any funds and must move the pension to a different provider?
my pot is 400k total and whilst I need the 25% , am not planning to start draw down for another 4 years. Could you guys make any suggestions of companies where I could move to without employing a IFA, based on the fact that I am happy to stay in equities for a few more years. 
Many thanks

Comments

  • bolwin1
    bolwin1 Posts: 275 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    I moved part of mine to AJBell for the same reason. Was very straightforward - only took a couple of weeks if I recall correctly. I'm still using them now as their costs are fairly low.  
  • As above I moved from Zurich to AJBell, you will have to electronically sign a for to say you’ve spoken to an IFA or pensionwise (not sure how critical the answer is) but it is on the form you fill in before you start drawdown. 
    "All lies and jest, still a man hears what he wants to hear and disregards the rest”
  • Albermarle
    Albermarle Posts: 26,972 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    You have a large choice of providers who will be very happy to accept a transfer of your pension pot.
    You might wish to take advantage of a current generous cashback offer from Hargreaves Lansdown.
    They are not the cheapest ( although as with all pension providers it partly depends on what investments you choose)
    Or you could look at 
    Fidelity
    AJ Bell
    Vanguard
    Iweb
    Or if you prefer a more traditional provider
    Standard Life
    Etc

    etc etc
  • xylophone
    xylophone Posts: 45,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You might find it wise to book an appointment with Pension Wise before you embark upon the transfer - you will get some guidance on accessing your DC pension and can tick any box when you come to fill in the transfer request.



    You will need to contact your chosen new provider  - you have a very wide choice. 
  • Guys, many thanks for your advice👍
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