If you have built up benefits in another pension scheme you may be able to transfer these into your Personal Account at the discretion of the Trustee and the Company.
Currently, the maximum amount you can transfer in must not exceed £300,000 and must be received from other registered pension schemes.
You should seek independent financial advice if you are unsure that transferring other benefits is in your best interests. If you do not have a financial adviser, details of those near to you can be found at register.fca.org.uk.
DISCLAIMER: The purpose of this video presentation is not to provide tax or financial advice. The Trustee of the Prudential Staff Pension Scheme is legally prevented from giving financial advice. This video presentation aims to help you better understand certain aspects of your pension scheme and the choices you may have. All benefits from the Prudential Staff Pension Scheme are payable in accordance with the Trust Deed and Rules, the legal document governing the Scheme. In the unlikely event of any discrepancy between any information provided to you in this presentation and the Trust Deed and Rules, the Trust Deed and Rules will prevail.
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