General Car Related Discussion. To discuss anything that is related to cars and automotive technology that doesnt naturally fit into another forum catagory.

Pension question

Thread Tools
 
Search this Thread
 
Old 26-05-2010, 06:27 PM
  #1  
white2lsr
I've found that life I needed.. It's HERE!!
Thread Starter
iTrader: (1)
 
white2lsr's Avatar
 
Join Date: Mar 2009
Location: cumbria
Posts: 1,245
Likes: 0
Received 1 Like on 1 Post
Default Pension question

Can you just close a pension, take the money and run?
Old 26-05-2010, 06:49 PM
  #2  
white2lsr
I've found that life I needed.. It's HERE!!
Thread Starter
iTrader: (1)
 
white2lsr's Avatar
 
Join Date: Mar 2009
Location: cumbria
Posts: 1,245
Likes: 0
Received 1 Like on 1 Post
Default

Its a stakeholder if that makes any difference
Old 26-05-2010, 06:52 PM
  #3  
gus
10K+ Poster!!
iTrader: (1)
 
gus's Avatar
 
Join Date: Jun 2003
Location: essex
Posts: 10,507
Received 11 Likes on 11 Posts
Default

nope, dont think so

you can shift it to another pension but have to wait til its term is finished i think
Old 26-05-2010, 06:55 PM
  #4  
white2lsr
I've found that life I needed.. It's HERE!!
Thread Starter
iTrader: (1)
 
white2lsr's Avatar
 
Join Date: Mar 2009
Location: cumbria
Posts: 1,245
Likes: 0
Received 1 Like on 1 Post
Default

Oh well, just thought it might have been used better else where.

cheers.
Old 26-05-2010, 07:06 PM
  #5  
gus
10K+ Poster!!
iTrader: (1)
 
gus's Avatar
 
Join Date: Jun 2003
Location: essex
Posts: 10,507
Received 11 Likes on 11 Posts
Default

this was the case with me anyway

i looked into doing it a little while ago and it was a no no.
Old 26-05-2010, 07:18 PM
  #6  
botters
competant bodger
iTrader: (2)
 
botters's Avatar
 
Join Date: May 2009
Location: preston
Posts: 6,234
Received 23 Likes on 21 Posts
Default

ive never bothered with a pension as with the state of our economy and country in general i dont think there will be any money to be given back to me when its time to recieve
plus the way i drink, smoke, eat and drive i doubt ill make it to retirement age anyway!
Old 26-05-2010, 07:30 PM
  #7  
gus
10K+ Poster!!
iTrader: (1)
 
gus's Avatar
 
Join Date: Jun 2003
Location: essex
Posts: 10,507
Received 11 Likes on 11 Posts
Default

this is why i stopped doing mine

had 2 on the go, came to the same conclusion as you and started putting the money into other stuff

just wish i realised earlier as i have a chunk of change just sitting there that i cant touch and wont be worth a great deal
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
M7 COS
Wheels and Tyres
3
01-10-2015 04:46 PM
locum8
Technical help Q & A
5
01-10-2015 01:50 PM
Iain Mac
General Car Related Discussion.
7
30-09-2015 09:39 PM
stevecfrst1
Cars for Sale
1
30-09-2015 05:18 AM



Quick Reply: Pension question



All times are GMT. The time now is 12:18 PM.