Now self employed, restart previous private pension other start new and transfer in

Catwales

Hiya. 

I'm 48, I've got a LGPS pension which I dont want to transfer, ive now become self employed and looking at sorting a private pension. 

I have previously paid into one in 2007/08, thats got £20K in at present. 

Im wondering about starting paying into this again or setting up a SIPP or personal pension and looking at whether I should transfer my past private pension in it. 

Im going to look at getting independent advice, but just wanted to know any advice of what I need to ask/consider. 

Any help is much appreciated, thanks 

Marcon

First question: will it accept further contributions?

2007 is in any case quite an old contract - it predates many changes which have come in since then. How flexible is it - eg does it support drawdown, if that might be a route you'd want to consider when you come to access your benefits?

What sort of fund choices does it offer?

What are the charges like and how do they compare to more modern contracts (if you post details of the charges here, someone will be able to answer that!).