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L&G moving Work Pension from "PMC Multi-Asset 3" to "Lifetime Advantage Fund 3" - is that better?

the_mandarin
Posts: 110 Forumite


As stated above, I got an email from L&G Pensions today that they intend to move my Workplace pensions (from my previous employer) from their "L&G PMC Multi-Asset 3" scheme to the new "L&G PMC 2040- 2045 Lifetime Advantage Fund 3" scheme.
The only thing I know about these two schemes is that the current scheme that I am on has a 0.13% Fund Management Charge, whereas the new one has a 0.28% Fund Management Charge. This makes it better for L&G as the provider, but does anyone know if there is anything beneficial in this move for me?
Any advice would be appreciated - thanks in advance.
The only thing I know about these two schemes is that the current scheme that I am on has a 0.13% Fund Management Charge, whereas the new one has a 0.28% Fund Management Charge. This makes it better for L&G as the provider, but does anyone know if there is anything beneficial in this move for me?
Any advice would be appreciated - thanks in advance.
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There's a thread here, started by someone else who's in the same position:
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