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Benefits payable on leaving

Leaving employment or changing from employment to self-employment raises issues to be considered in relation to your pension benefits.

Generally, you have three main options depending on the circumstances:

  1. Leave your benefits in your existing pension arrangement.
  2. Transfer your benefits to your new arrangement.
  3. Take a refund of contributions in limited circumstances.

Preservation is a term defined in the Pensions Act to refer to a requirement…

Pension arrangements generally allow you to transfer your pension benefits from one arrangement to…

In certain circumstances you may be eligible to take a refund of contributions paid…