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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
superannuation transfer to LGPS
bevrmn
Posts: 7 Forumite
I have 7 years 99 days superannuation pension (deferred) and now pay into a LGPS, would it be wise to transfer the superannuation ?
I have 18 years til I reach 65.
I have 18 years til I reach 65.
0
Comments
-
Superannuation pension with whom?
As to whether it's wise it depends on the transfer values, benefits of each scheme and salary prospects in your new job.0 -
The superannuation is from when I worked as a nurse in NHS.Superannuation pension with whom?
As to whether it's wise it depends on the transfer values, benefits of each scheme and salary prospects in your new job.
So do you think I need to get an up to date forecast for this and compare with LGPS, although I find it all very confusing, but can't afford cost of an IFA0 -
If you're in either an NHS or Local Gov Trade Union they will probably be able to provide free financial advise.
Generally if you can transfer from one public sector scheme to another as you change jobs it's a good idea, unless there are some strange circumstances to your job change0 -
You have to transfer in within one year of joining the LGPS.Scrum down.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
