We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Moving a DB pension
Herdysheep
Posts: 1 Newbie
Hi
I have an old very small db pension that I haven’t paid into for years. It’s under 30k . After reading a few posts on here am I right in thinking I need to transfer it to a stakeholder pension and then into a personal pension ? If that’s right is it easy to do ? Which companies do this ? My aim is to cash it all in as it’s so small and we won’t need it at retirement.
I have an old very small db pension that I haven’t paid into for years. It’s under 30k . After reading a few posts on here am I right in thinking I need to transfer it to a stakeholder pension and then into a personal pension ? If that’s right is it easy to do ? Which companies do this ? My aim is to cash it all in as it’s so small and we won’t need it at retirement.
TIA
0
Comments
-
-
Did you read this thread?
Defined Benefit Pension Transfer / Insistent Client Advice. — MoneySavingExpert Forum
especially the last few posts re the stakeholder schemes.
1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards