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Transfer RMDCP
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GlassDoor
- Posts: 57
- Joined: 01 Mar 2018, 07:52
- Gender: Male
Transfer RMDCP
Am I able to transfer the value of my RMDCP pension when it closes in Oct to my nutmeg pension but still keep the new collective plan going with Royal Mail ?
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RobertT
- EX ROYAL MAIL
- Posts: 6643
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Transfer RMDCP
Yes.
Both the RMDCP and Nutmeg are Defined Contribution schemes, so a transfer should be straight forward.
You can pay into as many pensions as you want, so contributing into both the new RMCPP and Nutmeg is fine.
You can even transfer either or both elements of the RMCPP into Nutmeg or any other personal pension, at some point in the future too.
Both the RMDCP and Nutmeg are Defined Contribution schemes, so a transfer should be straight forward.
You can pay into as many pensions as you want, so contributing into both the new RMCPP and Nutmeg is fine.
You can even transfer either or both elements of the RMCPP into Nutmeg or any other personal pension, at some point in the future too.
Links to all RM pension related websites are here