Hi
I have several thousand pounds in an AVC, which ideally I would like cash in. Unfortunatly, the terms of the AVC is that they can only be transfered. However, I am now the MD of my own limited company. In the past I have seen news stories where company boses have spent their companies pension fund. Is there a loophole that would allow me to transfere the money from my AVC into something related to my Ltd company that I could then access?
What happens if I do transfere the money anyway, and in some future date the company ceases to exist?
Many thanks P