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Just a quick question...

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.
Pharox
Posts: 151
Joined: 23 Jun 2011, 16:18
Gender: Male

Just a quick question...

Post by Pharox »

Hi folks,

I pay into the RMPF which is held with Zurick/Black Widows and I have an OK pot. My question is, if I leave RM, can I still contribute to my PP held with Zurick/Black Widows? I know that RM won’t be contributing to the pension or do I need to defer until I retire and then take my pension?

Thanks
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Just a quick question...

Post by RobertT »

It sounds as if you're actually paying into the RM Defined Contribution Plan with Scottish Widows.

If you leave RM you won't be able to continue paying into it directly, but you can transfer it to another pension provider and then pay into via them. Or else keep it where it is until you decide to take it.

Full details are in the plan guide, available to view here: https://www.scottishwidows.co.uk/save/royalmaildcplan/" onclick="window.open(this.href);return false; along with other info you might find useful.
Links to all RM pension related websites are here
Pharox
Posts: 151
Joined: 23 Jun 2011, 16:18
Gender: Male

Just a quick question...

Post by Pharox »

Hi RobertT

Perfect! Many thanks