Guide to Pension Consolidation
Few of us today remain in the same career throughout our working lives. The result is that many people may have a number of different pension pots from previous employers. However, combining them into one single pension could make real financial sense.
If you have accumulated different pension plans, keeping your pension savings in different plan schemes may result in lost investment opportunities and unnecessary exposure to risk. Making the most of your pension plans now could have a signifcant impact on your happiness in retirement; getting it right could mean a higher income, or even an earlier retirement date.