To transfer or not to transfer?

baileya

I have recently started a new job and have joined the Local Government Pension Scheme. I have been given the option to transfer my previous NHS pension over to the LGPS. I need some advice, should I leave my NHS pension where it is, or is it worth transferring it? My salary is now lower than before. Can anyone please advise?

MikeJones_2

Hi baileya,

These other threads might be useful to you first. After reading them, if you have any further questions, come back and post them here.

http://forums.moneysavingexpert.com/showthread.html?t=1141153

http://forums.moneysavingexpert.com/showthread.html?t=1018623

http://forums.moneysavingexpert.com/showthread.html?t=1133457

Mike Jones

I work in the field of Pension Education and Pension Guidance in the UK. I am a current member of the Specialist Pensions Forum as well as being a Voluntary Adviser for The Pensions Advisory Service. I work with scheme members, employers, trustees, scheme administrators and advisers on most things to do with employer sponsored pension schemes. The views expressed by me in this thread are my personal opinions. You should seek professional advice from an appropriately experienced and qualified adviser. I am not an IFA.