I have a proper pension (CIVIL SERVICE) & so a few years ago took advantage of the offer by my new employer to join a NOW pension to save a lump sum for a house deposit to help my son. At the beginning of June i asked to withdraw the Lump sum ( i am over 55 & therefore entitled to the funds), so far its taken 5 weeks & Now have only today confirmed they have my forms- apparently it will now take anything up to another 40 working days (8 weeks) before i can actually have MY money - someone really needs to be asking questions about how this company is allowed to continue, the FCA should investigate, This is completely unacceptable.
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now:pensions is an award-winning UK workplace pension provider. We look after the pension savings of millions of members on behalf of tens of thousands of workplaces from lots of different industries.
We have a clear mission – to help everyone save for a more financially secure future. We’re dedicated to helping our members make the most of their pension savings and get a retirement they can enjoy. And, we’re fighting for a fairer pension system that benefits everyone. By highlighting pension inequalities and campaigning for change, we’re helping more pension savers get the kind of retirement they want.
We are the UK's third largest auto enrolment pension provider by number of members. See more