22 Apr 2018

A question about : Pension Advice

I have just moved jobs and have joined the new company's group pension scheme - in my previous employment I had a group pension and 2 AVC's - Pru and Fidelity - what can i do with the funds in the AVC's as i know that the pension group fund stays frozen till retirement?

Can i reinvest my AVC's into my new group fund with the transfer value? - it is with Norwich Union

Can I cash them in and if so what loss could i expect in comparrison to the transfer value?

Any other advice? Collectively the transfer fund value is about 7k.

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    Category: 
    Pensions, Annuities & Retirement Planning
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