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Company Pension : Advice required
Wavygravy
Posts: 1 Newbie
Hello,
This is my first post on the forum and I am looking for some advice regarding two company pensions of which I was a member of before leaving both companies.
I have one pension with around 5 years contributions into and another with 3 years contributions.
I now live and work in Switzerland and would like advice on the following :
1) Is it worth consolidating/transferring both pensions into one or starting a new one? (if possible)
2) Can UK Pensions be transferred to Pensions in other countries? ie Switzlerland.
Many Thanks!
This is my first post on the forum and I am looking for some advice regarding two company pensions of which I was a member of before leaving both companies.
I have one pension with around 5 years contributions into and another with 3 years contributions.
I now live and work in Switzerland and would like advice on the following :
1) Is it worth consolidating/transferring both pensions into one or starting a new one? (if possible)
2) Can UK Pensions be transferred to Pensions in other countries? ie Switzlerland.
Many Thanks!
0
Comments
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1) Is it worth consolidating/transferring both pensions into one or starting a new one? (if possible)
Impossible to say without more details of the pensions.In general, if they were final salary ones, probably better to leave them where they are.
Yes via the QROPS system ( Google for details)2) Can UK Pensions be transferred to Pensions in other countries? ie Switzlerland.Trying to keep it simple...
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