I work for Tatasteel uk. Tatasteel have closed our final salary pension scheme and the funds future has not been decided yet. I have the option to transfer approx 500,000 out of the scheme into another scheme or leave it there, if I don't transfer it soon I may not be able to in the future. also the fund is going to have 500M put into it soon.
I am 47 and if possible I would like to get access to a pension at 55 due to health issues.
I am like a rabbit stuck in headlights at the moment and scared to make any move.