Your data will not be shared with a third party other than for the purpose of completing the service which you have applied for. 

Your data will not be shared with a third party other than for the purpose of completing the service which you have applied for. 

Phone 0800 1223 170

to make a telephone application

Lines open: Mon - Fri 9am- 5:30pm

Phone 0800 1223 170

to make a telephone application

Lines open: Mon - Fri 9am- 5:30pm

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Copyright 2016 by Pension Tracing Service ® 

This service is not affiliated with the Department of Work and Pensions or any government body. The Pension Tracing Service does not offer financial advice to our clients. However we can allocate you an Authorised and Regulated Pension Specialist. 

Copyright 2016 by Pension Tracing Service ® 

This service is not affiliated with the Department of Work and Pensions or any government body. The Pension Tracing Service does not offer financial advice to our clients. However we can allocate you an Authorised and Regulated Pension Specialist. 

Section 32 Buy-out policies

Section 32 Buy-out policies

These are sometimes referred to as pension transfer plans. A Section 32 buy-out policy enables you to transfer the funds and benefits of your occupational pension scheme into a private plan without losing the range of benefits available to you in your original scheme. Plus it allows you to make your own investment decisions if you wish in the same way as you can in a personal pension. Because the investment decisions and choices are made for you with an occupational pension scheme, you can use a Section 32 Buy-out Policy to move to a personal pension plan and enjoy greater choice. However, unlike a personal pension plan, monthly contributions into the scheme are not allowed after the transfer. You will only be able to make a single transfer into the scheme. For this reason they are often used to tap into frozen or existing company pensions. You need to ask the for the full transfer value from those running the pension scheme you want to transfer out of or you can get an independent advisor specialising in pensions to ask for the transfer values of any schemes you want to move and to organise it all for you.

These are sometimes referred to as pension transfer plans. A Section 32 buy-out policy enables you to transfer the funds and benefits of your occupational pension scheme into a private plan without losing the range of benefits available to you in your original scheme. Plus it allows you to make your own investment decisions if you wish in the same way as you can in a personal pension. Because the investment decisions and choices are made for you with an occupational pension scheme, you can use a Section 32 Buy-out Policy to move to a personal pension plan and enjoy greater choice. However, unlike a personal pension plan, monthly contributions into the scheme are not allowed after the transfer. You will only be able to make a single transfer into the scheme. For this reason they are often used to tap into frozen or existing company pensions. You need to ask the for the full transfer value from those running the pension scheme you want to transfer out of or you can get an independent advisor specialising in pensions to ask for the transfer values of any schemes you want to move and to organise it all for you.

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