Section 32 transfer - A reference to section 32 of the Finance Act 1981 which defined the original legislation allowing a person to transfer a payment representing pension benefits from a previous employer (that is, from an occupational pension scheme) to a personal pension plan operated by an insurance company (with approved pension schemes) of the person"s choice.
Section 32 transfer : a reference to section 32 of the finance act 1981 which defined the original legislation allowing a person to transfer a payment representing pension benefits from a previous employer (that is, from an occupational pension scheme) to a personal pension plan operated by an insurance company (with approved pension schemes) of the person"s choice.