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i want my money!!!
Comments
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The money is yours, so you will get it back. When you joined the Pension Scheme you signed up to a pension scheme and so the funds were put into the pension fund to accrue a pension for a later date. A pension fund is not a current account for you to withdraw money from.
At least it means that, come retirement age, you will have additional money being paid to you that you had forgotten about.
Has to be said, that its not going to be a huge pension.0 -
anniehanlon wrote: »i thought there was a new rule out lately that when you got to retirement
age you could get all your money back as long as it was under 15,000
or have i been dreaming
Triviality is not a new rule. Its been round many many years. However, the limits were changed in 2006 but so was the earliest age you can take triviality. That is age 60.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.0
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