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Amalgamating Pensions
Richard741
Posts: 17 Forumite
I have five separate company & private pensions due to job changes over the last thirty years. Is it possible to amalgamate them into one pension fund?
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Comments
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Probably. But it may not be a good idea.For a start, are any of them final salary pensions? Usually, these should be left alone.
Post a few details of the pensions for more info.Trying to keep it simple...
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It is possible with most pensions. Whether it is best to or not is a different matter. That would depend on the pensions you have and the different terms and investment options.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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