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muppetbro
12-03-2007, 09:10 PM
any links/ advice re pension advice - first point of conatct tried selling me their advise at 500 quid then they said they would be happy to negotiate omn the 5% of total pension fund for transfer - i dropped the phone :shock:

help anyone ?

mart
muppetbro
16-03-2007, 10:14 PM
not one reply mmm :?

this is equally the most important equal to transferring the lump sum of £

i have read alot on the other forum but i would like to know if anyone has experience - another minefield with alot of hidden costs

as always my little knowledge is a dangerous thing :cry:

weeks away from signing t he house away a nd the bladdy $ is starting to fall and its looking not good for the shortime is my misinformed guess

mart
Angela
16-03-2007, 11:17 PM
Hi Mart

I can't really offer a great deal of advise. My pension will be 'preserved' which basically means 'frozen'.

I have 21 years service & I only have 2 choices, the above or transfer. To transfer you have to have a job & for my employer the new company as to be a registered something or other (fancy title) otherwise the transfer is NOT an option

Also apparantely some employers do NOT accept transferred pensions - I never knew this

Good luck
Angela
chillyanna
20-04-2007, 08:26 PM
what i would like to know is, what if the pension is privat and not linked to a company. what are the options for this?
does anybody have any answers please!
BJF
20-04-2007, 11:35 PM
My hubby's military pension is paid into our UK bank, if we need access to it we just use an ATM.
Tyke
22-04-2007, 12:34 AM
what i would like to know is, what if the pension is privat and not linked to a company. what are the options for this?
does anybody have any answers please!

You can transfer your private pension to here.
I moved mine over.

It had to go into a superannuation fund.
Similar to a pension fund in the UK but at least they grow here!!

There are quite a few companies that will do this for you.Fees and charges vary.Not that happy with the company I used.

But have a look at .........

http://www.toweraustralia.com.au/

The pension company in the UK took ages to relaes the money - did well on the currency exchange though.