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Out of curiosity, ive got a couple of questions
1 - can the OP go back to the pension company and "negotiate" i.e. ask for say £12,000
2 - could the OP ask for the lump sum to be "transferred" into another pension pot (that way its still inside the pension wrapper and potentially able to continue to grow)
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singhini said:Out of curiosity, ive got a couple of questions
1 - can the OP go back to the pension company and "negotiate" i.e. ask for say £12,000
2 - could the OP ask for the lump sum to be "transferred" into another pension pot (that way its still inside the pension wrapper and potentially able to continue to grow)
1. The company won't bother; it'll be a take it or leave it offer.
2. You can't transfer a pension once it is in payment.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!2 -
Thankyou for the heads-up0
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