Ask Emma

I have a new job, so can I cash in my old pension?

27th March, 2016

Question: I’ve just handed in my notice and am changing job next month. I’ve been contributing to my current employer’s pension scheme, and have benefited from a contribution to my pension by my employer too. I am tempted to cash in my pension when I leave the job and put some of the funds towards a new car. Is this possible?

Answer: Philip, it’s an interesting question....

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