One or Two Pension plans?

pathtofreedom

Does the new work pension do their own contributions and or matching. As depending how much the fees are on top, I think free money is always worth considering. You could just pay enough in to get the free matching part and pay anything else you want into your current pension.

AnotherJoe

modelreject wrote: »

Wondering if you could help with a few pension terms?

Estimated pension each year (£) What they estimate you would get as a pension at age X
Estimated reduced pension each year (£) What they estimate you would get as a pension at age X-. eg retire now you'd get so much, retire in 5 years time, so much, and so on. Or alternatively, what you'd get at age X if you stopped putting money in now.
Assumed investment return of Low each year What they estimate those pensions would be if returns were at some particular annual percent growth which should be stated somewhere)
Assumed investment return of High each year What they estimate those pensions would be if were at some higher annual percent growth than 'low' (which should be stated somewhere)

pathtofreedom wrote: »

Does the new work pension do their own contributions and or matching. As depending how much the fees are on top, I think free money is always worth considering. You could just pay enough in to get the free matching part and pay anything else you want into your current pension.

Or into a third one if you dont like Aegon. Or move the Aegon into another one and end back with 2.