Frozen Pension Entitlement

Frozen Pension Entitlement

What Is A Frozen Pension?
A frozen pension usually relates to a work based pension into which you and your employer are no longer contributing. This situation is very common and tends to occur when you move on from a workplace and leave the pension behind.
If you’ve ever paid into a company pension scheme then moved on to a new workplace, chances are your pension has been “frozen”. Typically, the term frozen pension refers to pensions investments which are no longer being contributed to, either by you or your employer.