stake holder and work pension?

copey5

hi all
approximately 3years ago not having a pension i took out a stakeholder
pension with virgin. i pay 78 pounds a month.
since that approx 2 years ago i got employment with royal mail and have been
paying into their pension ever since. me 6 percent them 11 percent final salary.should i scrub the virgin 1 and transfare it into royalmail.
i am 34 with no other pensions.
they have 3 types of avcs addplan ,bonusplan, flexiplan? royalmail.com/pensions

thanks

dunstonh

Virgin's pension is not good value and the funds offered are poor.

We cannot comment on the suitability of a pension transfer though.

blackanchorage

I have a Virgin stakeholder pension, in the FTSE tracker fund. I know their fund range is poor (only two), but please can you say why it is bad value?

Thanks, Roger

dunstonh

Virgin is a do it yourself pension yet they do not offer discounted terms. Any IFA can arrange alternatives on lower chargest and take full commission if they wanted to. When you go direct, you expect to get cheaper.