Unlock your pension

Stefi | 16:48 Sun 06th Aug 2006 | Business & Finance

2 Answers

I am 34 year old, moved to the Uk in 1997 and have lived there for 6 years and entered a pension scheme - I have moved back to Germany 3 years ago and will not come back to live or work in the UK. I am part of the German state pension scheme and have a property here which will be paid off when I will retire.
Can someone tell me how I can unlock my pension in the UK and cash it in?

Transfer of standing orders to another account holder

WFTC -extra income

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dzug

You can't.

You can leave it where it is and take it as a small pension and lump sum when you reach at least 55.

There may be a way of transferring its value into a German pension scheme, but there is no way of cashing it in.

Stefi

Question Author

that's what I feared - thanks for the answer anyhow :)

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