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ex employer pension

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Comments

  • madlyn
    madlyn Posts: 1,100 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    I am fully aware of the benefits of increasing my contributions to my current employer pension. And when the option to do so becomes available I will.
    SPC 037
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    madlyn wrote: »
    I am fully aware of the benefits of increasing my contributions to my current employer pension. And when the option to do so becomes available I will.

    Please do so even if it means reducing the increased contribution to your personal pension, since it will effectively double your contribution compared to putting into the personal one.
  • LHW99
    LHW99 Posts: 5,328 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    One other thing - if there is any chance you may rejoin the old employer before you retire, leaving the old pension 'as is' could enable you to re-join it at a later date.
    Always an uncertain thing, but something that did happen to my OH
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