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Best pension to transfer to

RSB65
Posts: 5 Forumite

I currently have a couple of old frozen pensions that only allow the option of buying an anuity, an advisor has recomended take out a pension that allows draw down and other withdrawal options and transfer these to it, I still contribute to a company scheme so don't want to make any regular payments to this new pension.
What are the best pension companies to approach that allow a transfer and no further payments?
What are the best pension companies to approach that allow a transfer and no further payments?
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RSB65 said:I currently have a couple of old frozen pensions that only allow the option of buying an anuity, an advisor has recomended take out a pension that allows draw down and other withdrawal options and transfer these to it, I still contribute to a company scheme so don't want to make any regular payments to this new pension.
What are the best pension companies to approach that allow a transfer and no further payments?Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1 -
What are the best pension companies to approach that allow a transfer and no further payments?There is no one best pension. It all depends on the type of assets you will be investing in, the services you want, the quality of the software, the charges etc.
Software, for example, is like marmite. Some people may love an interface and functionality. Others may hate it and want something that is not offered by that software.
Different platforms will have different target markets and build their offering accordingly.
Your adviser will recommend what they feel is best for you. However, specifically answering your question, all of them meet your criteria.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
RSB65 said:I currently have a couple of old frozen pensions that only allow the option of buying an anuity, an advisor has recomended take out a pension that allows draw down and other withdrawal options and transfer these to it, I still contribute to a company scheme so don't want to make any regular payments to this new pension.
What are the best pension companies to approach that allow a transfer and no further payments?
Also normally a workplace pension will accept transfers in, and most can seamlessly move to drawdown when the time comes ( not all). So do not discount this as an option.0
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