Hi on track.

Insolvency legislation differs between Scotland and elsewhere in the UK.

As such I can see why they made reference to any such changes in the rest of the UK not necessarily being applicable.

I'd be surprised if this became the norm, on track, even in England. Pensions specifically do not vest in s Trustee even in a bankruptcy. There was a case down South where someone had deferred a lump sum pay-out that they were entitled to take and the trustee successfully forced them to take it and hand it over, but they were fairly specific circumstances.

on a similar note. Is there anyone on here can recommend a real independent financial advisor I could speak to discuss the implications of withdrawing some funds from a pension at age 55? I was wanting to look at taking a couple of thousand out my small pot when I will be 55 after the end of my trust deed. Not looking to buy a Ferrari(I wish) really just looking to buy essential items for house like carpets as I'm fed up with the bare floorboards throughout.
Any advice would be greatly appreciated.

Hi rodney.

The site itself doesn't have a recommendation for you, but members are free to share their own experiences and recommendations with you.

I'd also ask around locally with friends, family and colleagues for someone good to sit down with and discuss this.