what to do about my pensions?-help

jnielow

Hello All,

I am being made redundant 16thMay, I have been paying into an employers pension Builder Plan defined contribution arrangement 3%salary/3% matched by employer this is managed by Barclays Global. I also pay into a Legal & General scheme each month these have been running since 2005/2004.

I just need some guidance /advice as to whether I should freeze employer scheme, carry on paying Legal & General scheme or transfer them into a new employers scheme if they accept.

Your help would be welcomed

Thanks

Jason

dunstonh

Any of your options could be the best one plus some you havent mentioned. Until you have new employment and know what the new employer offers then there isnt much you can do in the way of deciding what option is best.