Thinking of moving lump sum pension to avc

akh43

I have a small pension, approx £13k with winterthur from when I opted out of serps many years ago. As it does not seem to be performing well I am looking at moving it to a CIS avc connected with my work pension.

Is there anywhere I can find out how the funds of these 2 companies have been performing to see if this is a good move or do I have to see an IFA to find out this information?

If I have to see an IFA is this something that could be found out in the free initial interview offered by unbiased.co.uk?

Any advice appreciated.

dunstonh

You cant move protected rights into an in-house AVC.

To be honest, given the choice of Winterthur and their usual fund range or CIS, I would pick Winterthur. Plus, AVCs are largely obsolete nowadays (with the exception of the very few that can enhance the lump sum by being connected to the main scheme).

If I have to see an IFA is this something that could be found out in the free initial interview offered by unbiased.co.uk?

The free initial interview will give you no formal advice. They would probably comment along the lines I have but would need to write and obtain info from the schemes and would charge for it to be made formal written advice.