Consolidate or not to consolidate?

Island1095

I have a number of small pensions/savings schemes from previous business I have worked for. Am I better to leave them as they are or consolidate them into my current company savings scheme.

AnotherJoe

That would depend how good your current scheme is, what the options and charges in the other schemes are, what benefits there are in the other schemes that may make it too expensive or better to leave as is. And a third choice is available move the odds & s*ds into a SIPP.

green_man

All the points made above are good. A couple others points to consider.

- sometimes it's good to spread the risk about a bit.
- if there is a danger in losing track of any then you should consolidate (too much info to keep track of etc)