Posted: Fri Jun 20, 2008 2:23 pm
I have an IVA that i have been paying for over a year now. I had a small pension that I paid into some years ago, but was then frozen for about 10 years. The pension people have written to me saying that now I have recently turned 50 I could take a smallish lump sum just over £2000, or can just keep it until im 65. If I take the lump sum do I have to give half of the pension money to my IVA or do I get to keep that. If I have to give half away I might as well hang on until im 65. If someone could let me know please. Thanks