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how can i cash in my pension at the age of 30. Does anyone know anywhere that will allow this

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mamfa26 | 17:29 Tue 14th Aug 2007 | Personal Finance
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i have a pension with prudential and want to cash it in but the min age is 50 im only 30 does anyone know anywhere that you can cash them in regardless of age. Im told i can transfer to anyone
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You can transfer the pension to any other pension provider.
Is a stakeholder(personal pension)?
You can only access the pension fund early (subject to limits) in the event of terminal illness (usually if life expectancy is a year or less)
It isn't the Prudential that set this limit of 50 - its the Government. So if you transfer your pension to another provider you still won't be able to 'cash it in'.
A very small number of professions and trades have arrangements where you can retire before 50. Professional footballers, for example. For most mere mortals, its 50 minimum.
You can NEVER 'cash a pension in'.

You can start taking it (at a minimum age or after) and take SOME of it as a lump sum, but you can't just take the cash.
You CAN if you are terminally ill and have less then 12 months to live.!!!
But your not...so you cant!
Put it this way, when Mr Pippa became bankrupt several years ago he offered his pension to pay debts. He wasn't allowed ~ and is now glad of that fact.

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