Merging pensions

Peoplesliney

I have an old workplace pension that I have continued contributing to. I have recently started a new job with a workplace pension by the same provider. Is it worth merging the two into one?

Exodi

As usual, it depends.

What are the fees and costs associated with your old pension, what are the fees associated with your new pension?

Are there any costs associated with transferring the pension? What about the performance of each pension?

Obviously for convenience it might be preferred to put it into one pot.

Marcon

Useful reading: https://www.thisismoney.co.uk/money/pensions/article-3550085/STEVE-WEBB-merge-small-pension-pots.html

Albermarle

Exodi said:

As usual, it depends.

What are the fees and costs associated with your old pension, what are the fees associated with your new pension?

Are there any costs associated with transferring the pension? What about the performance of each pension?

Obviously for convenience it might be preferred to put it into one pot.

Just to clarify the question in bold for the OP.
A pension does not perform, it is the investments that you hold in the pension that perform. The pension provider is just a kind of facilitator/administrator dealing with payments in an out, running the website, customer service, dealing with HMRC etc.
If you hold 'Investment X' in Pension A or in Pension B it will perform exactly the same.

OP - It is probably fair to say whether you keep both pensions, or merge them, is not a big deal either way. You may ( or may not) save a bit on charges and maybe be more convenient just to have one. 
What is more important is that the money is invested within the pension(s) in a way suitable for your circumstances, age, years to retirement, risk tolerance etc.