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Pension Advice Re Trivial Protected Rights (£26) Causing Trouble

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I worked a short contract last year, which gave me very generous pension entitlement, so I have a few thousand in the employer pension scheme. Of course, they want shot of it, as it is a fairly nominal amount, so I want to put it into a SIPP.

Unfortunately, it was a contracted out scheme, so it has £26.76 of protected rights in it. These cannot (prior to October) go into a SIPP.

Hargreaves Lansdowne want £500 + VAT from me to give me advice as to what to do with the £26.76...

What can I do?

Oh yes, and bless them, I have just discovered Equitable Life contracted me back in in 2005 as "they thought it was the best thing for me" - must have ignored their letter. I cannot send the £26.76 to EL as it would constitute "new business"

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  • 396 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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