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Exit fees

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
badger1
Posts: 49
Joined: 24 Oct 2007, 18:48

Exit fees

Post by badger1 »

Hi, does anyone know if there out any exit fees due on transferring my pension from Scottish Widows? Also any idea of the timescale of such a move?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Exit fees

Post by RobertT »

As far as I'm aware SW don't charge exit fees, or at least this link says they don't: https://www.scottishwidows.co.uk/existi ... eSeventeen

Timescale should be within 6 weeks, but could be more: https://www.scottishwidows.co.uk/retire ... ollapseOne

Get in touch with the SW RM Service Team for more info. Details are in the plan guide: https://adviser.scottishwidows.co.uk/as ... 0353sw.pdf
Links to all RM pension related websites are here
badger1
Posts: 49
Joined: 24 Oct 2007, 18:48

Re: Exit fees

Post by badger1 »

Huge thank you once again!