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company pension
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primera786
Posts: 30 Forumite
I am 44 and have 45k to move into my company pension which will buy me 10 years 11 months.
Should i move it from Legal and general fund to company.
Should i move it from Legal and general fund to company.

0
Comments
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Depends
How secure is the company
What is the value of 10y11m (is it an 1/80ths or 1/60ths or 1/Xths scheme)
What is your salary & how is it likely to increase in the future
Is that 45k already in a pension or not0 -
Andy
money is in Legal G eneral pension fund at the moment.
Company is large usa oil fairly secure
thanks0 -
Sorry to clarify, were you formerly employed by Legal and General plc and is this money in its staff final salary scheme?Trying to keep it simple...0
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to clarify
i did not work for Legal and General, this is where I currently have my private pension which contains money that i transferred in from 2 previous companys i worked for, and i was contributing to this pension for 8yrs then stopped 5ys ago whn i started paying in to the company pension to the company i am still working with and who have offerd me an extra 10yrs 11mtrs for my 45k that is in my lg fund.
hope this clears things up thanks0
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