Transfer Pensions

olliesden

I have a new pension which i took out with my new employer mid last year, i also have 3 other pensions from previous employers which are sitting there doing nothing,should i put these 3 into my new pension i have now,some people say yes some say keep them seperate.
Any help pls.

EdInvestor

Each pension needs to be analysed to see whether it would be best to move it.You need to find out the following info:

Provider
Pension current value
Pension transfer value
Fund(s) it is invested in
Other funds available
Annual charges payable
Any guarantees that apply

If you post that info for all the pensions including the new one, it should be possible to give a view.

dunstonh

Depends on the terms of the old pensions and the new pensions. No other way to answer that I'm afraid. Without knowing specifics, no-one can say. Anyone that has offered an opinion without knowing what you have doesnt have a clue and should best be avoided when it comes to advice in future.