18 Jan 2016

A question about : paid up hill samuel private income plan..wot to do with it

Hello
could anyone suggest what to do with the above pension . I started it in 1991 and stopped contributions in 1997 as I was off having my son. Contributions were Ј20.00!! On returning to work approx 1996 I joined my companys pension (it is a good scheme in a utility company) and carried on paying 6% until returning to uni 2003. I am now a member of the nhs pension but am unsure what to do with the Hill Samuel pension.

Can I cash it in as 3 years on little income nearly floored me. I am lucky as I have no mortgage /rent and would like cash to clear a credit card or do I have to leave it festering??

any ideas gratefully received and yes I probably should have done this years ago!

Best answers:

  • thanks for that...I will put the paperwork back in the filing cabinet
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