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SERPS Pension

Hello Martin and all, I have a SERPS Pension protected, I would like to surrender this and I know I would lose money. Can I cash this in with Scottish Life or do you know a company who is willing to buy this from me.
Thank you.

Comments

  • dunstonh
    dunstonh Posts: 121,226 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You cannot cash in a pension or sell it to someone else. The only time you can access a pension is from age 55 (50 until 2010). Even then it only 25% of it.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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