We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Another Newbie Pension Question.
Options
peter_the_piper
Posts: 30,269 Forumite
I have been paying into a pension for 25 years (due to end May next year) and have another old company pension. The company pension will pay out more then the other, is it possible to take the money from the one which is under performing and add it to the better one to increase its monthly value. We are not talking mega bucks here.
I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.
0
Comments
-
is it possible to take the money from the one which is under performing and add it to the better one to increase its monthly value.
How have you decided one is better than the other?
What types of pensions are they?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 -
I haven't the foggiest what type they are. I'm going to go away and have a better look at them and will come back when I have worked out the details better. Thanks for the answer.
Peter.I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards