Today, few of us stay in the same job from leaving school until we retire. The result is that you may have collected a few pension pots along the way. Chances are your pensions will be with different providers, have different rules, and possibly you have even lost track of some of the pensions you joined. Consolidating your pensions could make real financial sense.
If you have more than one pension pot you may wish to consider consolidating them for simplicity. One plan, one set of documents and a clearer picture of your retirement savings. Sometimes a larger pot allows you to achieve a lower mangement charge as well, so combining them may save you money.
We can provide you with a review of your pensions so you can see which contract offers you the best benefits. You may wish to consolidate your plans into a new contract, or one of your existing pensions may already be the most appropriate contract for you.
The value of your investment can go down as well as up and you may get back less than the amount invested. There is no guarentee equal or higher income / returns will be achieved when compared to your existing arrangement.