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Sir I am just curious to understand how occupational pension contribution gets affected when an individual leaves one company to join another. I mean there are multiple scenarios. What if the potential recruiter operates through an insurance company that is different from the one the previous company had subscribed to. What if the previous company had a self-administered occupational pension scheme? How then will the individual’s pension contribution over the years be carry forwarded or get affected.
Thanks.
An individual may pay into multiple pension schemes and may consider at a later point transferring a fund from one scheme to another – but this like some of your other questions is not relevant to your exam – there are enough questions that you NEED to be able to answer to pass this exam without raising additional questions that are not relevant to the exam.
Keep your focus therefore on learning and then practising what is specifically in your syllabus!
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