Charge on policy transfers and surrenders
If I transfer my pension scheme covered by the charge on policy transfers and surrenders, have I then lost the reduction in my savings forever or will I get it back later?
Yes, you will lose the amount which your current company charges on policy transfers and surrenders if you transfer the pension scheme. However, remember that you can leave your current savings until the charge on policy transfers and surrenders is removed again and only transfer your future contributions.