Redundacy - best option to do with existing company dc pension pot?

MoneySavingMission

Hi
I have recently been made redundant. I have a good pension pot through 10 years of maximum contributions on a good dc scheme.
I have now received paperwork offering me the option of staying in the pension without any future contributions or to transfer out to pers pension or new employer (tbc). What is the best thing to do? I feel i have left the company so i should end this also and transfer into a personal pension pot. Will the transfer value be the same as the current valuation (allowing for daily fluctuations obviously) ANy guidance appreciated.

dunstonh

What is the best thing to do?

Without details and analysis of your existing pension vs alternatives, that would be impossible to answer. If a better option exists then you would transfer. If there isnt a better option then you would not transfer it.

I feel i have left the company so i should end this also and transfer into a personal pension pot.

From an advice point of view that is not justification or a suitable reason (in part because the pension is not the company you worked for).

Will the transfer value be the same as the current valuation (allowing for daily fluctuations obviously)

It may or may not be depending on the terms of the pension.

MoneySavingMission

option is either leave it or lift and transfer into isolated personal pension plan. I just thought it might be better to make the break association with last employer.

Where is the best place to start looking for personal pension plan products? I still young so happy to build my own portfolio to account of risk profile.