My husband and myself both contracted out of SERPS in the 1980s.
I was contacted earlier this year by Zurich to say I was entitled to my Husbands pension money.
My husband died in 2005, and Zurich have told me that I must buy an annuity with the money,
but unlike everyone else,
I am not allowed to take a 25% cash lump sum.
Is this correct?
If so why?
thank you for reading