We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that dates on the Forum are not currently showing correctly. Please bear with us while we get this fixed, and see Site feedback for updates.
Pensions: TPS & Nest

emma1971
Posts: 4 Newbie

Hello Money Savers
I have a small TPS and a tiny NEST pension scheme.
I need to start financial planning for my retirement.
Is it worth moving the NEST to TPS? (I think yes, but I am not sure).
Or should I keep them separate?
Also - I assume it is worth topping up the TPS (my current employer contributes) if I have any spare.
With thanks in advance
I have a small TPS and a tiny NEST pension scheme.
I need to start financial planning for my retirement.
Is it worth moving the NEST to TPS? (I think yes, but I am not sure).
Or should I keep them separate?
Also - I assume it is worth topping up the TPS (my current employer contributes) if I have any spare.
With thanks in advance
0
Comments
-
This would be better off posted on the Pensions board.
However, in short, it may simplify the admin to combine both pensions if charges are comparable. And, yes, it is always worth contributing whatever you can to a pension. The tax advantages alone makes it the most suitable financial vehicle for providing for your retirement.1 -
Will post on pensions board, thank you for your comment, very helpful0
-
We've moved this threadOfficial MSE Forum Team member. Please use the 'report' button to alert us to problem posts, or email forumteam@moneysavingexpert.com0
-
Have you only become a member of TPS within the last year?
https://www.teacherspensions.co.uk/members/new-starter/got-another-pension.aspx
0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 348.4K Banking & Borrowing
- 252.1K Reduce Debt & Boost Income
- 452.4K Spending & Discounts
- 241K Work, Benefits & Business
- 617.3K Mortgages, Homes & Bills
- 175.7K Life & Family
- 254.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards