We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Personal pension + stakeholder pension
skeech_2
Posts: 6 Forumite
My wife has a small personal pension fund with Standard Life(£5000). She also has a Stakeholder pension with NU (£10,000) which she is still contributing to.
Is it possible to transfer the SL pension into the Stakeholder?
Are there any other options?
Is it possible to transfer the SL pension into the Stakeholder?
Are there any other options?
0
Comments
-
It might be better to do it the other way round - the charges on SL personal pensions are low and the external fund choice is one of the best.Also there will be no charge to transfer from the stakeholder, while there could be a charge the other way round.
What funds are the two pensions invested in?Trying to keep it simple...
0 -
The SL is in 'Pension with profits one fund' while the SH is sorry AXA and is given as the 'reserve' fund.
Any help?0 -
AXA's "saver" pension is awful and their "investor" pension isnt much better although average for a stakeholder.
The SL PPP is far better than the stakeholder although you are in the worst fund available on that scheme.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 -
Agree, transfer AXA pension to SL, extract SL money from WP fund, and choose new funds for the combined fund and new contributions.
Have a look at the external funds on offer at SL.Some of them are in the top 10 of all the funds out there
When you get the list of the funds on offer, you can check out which are the good ones here:
https://www.citywire.co.uk/Funds/Home.aspxTrying to keep it simple...0 -
Thanks for that - sorry about getting back but been on holiday thinking about options.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards