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You may be able to, but youll need to talk to your employer before transferring, as a transfer could mean they stop paying into the pension.
How can I release cash from my pension pot? You send your pension provider a form or request letter. Your provider sends you all of the administrative forms you need to fill out. Once you complete this step, your request will be processed. You then receive the decision and gain access to your funds. What is pension release or pension unlocking? - Unbiased unbiased.co.uk discover what-is-pension unbiased.co.uk discover what-is-pension
You can take money from your pension as and when you need to through income drawdown. It allows you to receive the tax-free part of your pension (usually 25% of your total) as either a single lump sum or in instalments, and to take the taxable part at a later date if you wish. Withdrawing some of your pension money - Aviva aviva.co.uk retirement taking-some-of-y aviva.co.uk retirement taking-some-of-y
Once youve chosen the funds you want to switch to, just let us know. If you have an Aviva or ex-Friends Life pension, you may be able to switch funds online with MyAviva. Otherwise, you can give us a call on 0800 145 5744.
Manage your pension online Weve made it easy to do your pension admin online with MyAviva or MyWorkplace. If you dont already have an account, youll just need your policy number and email address to register. Get clued up on pensions - Aviva aviva.co.uk retirement pensions aviva.co.uk retirement pensions
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Contact your current pension provider and the provider you want to transfer to. Youll need to check if: your existing pension scheme allows you to transfer some or all of your pension pot. the scheme that you wish to transfer into will accept the transfer. Transferring your pension | nidirect nidirect.gov.uk articles transferring-your nidirect.gov.uk articles transferring-your
Contact your current pension provider and the provider you want to transfer to. Youll need to check if: your existing pension scheme allows you to transfer some or all of your pension pot. the scheme that you wish to transfer into will accept the transfer.
You can take money from your pension as and when you need to through income drawdown. It allows you to receive the tax-free part of your pension (usually 25% of your total) as either a single lump sum or in instalments, and to take the taxable part at a later date if you wish.

aviva pension fund switch form