Pensions advice

[Joe_Fox]

Any one here work in the wonderful world of pensions or know anything about them?

Basically, I'm after some advice. I pay 5% of my salary into a pension each month and my company pay an addition 6% (I think).

That's all fine but I also worked elsewhere for 5 years paying into a similar scheme.

I'm not sure if I should transfer the funds paid in to my previous place of work into my current scheme or leave it there?

What would you recommend I do? Also, if I choose to transfer the funds, is it a simple procedure?

Thanks,
Joe

 

[Han]

See your PMs

 

[Nottingham Fox]

See your PMs

If it's advice that may be useful to Joe, it may be useful to others

 

[MKFox]

pull it out and invest in cheap tarts and strong drink

 

[Biff]

Save your dough. Haven't you heard the world is going to end in 2012.

 

[Macky]

Save your dough. Haven't you heard the world is going to end in 2012.

He'd be better off spending it while he's got the chance, if we're all doomed

 

[Lako42]

Save your dough. Haven't you heard the world is going to end in 2012.

This makes no sense.

 

[fosseboy83]

This makes no sense.

http://www.13moon.com/prophecy page.htm#2

 

[Lako42]

http://www.13moon.com/prophecy page.htm#2

:icon_roll not that part.

 

[homer]

:icon_roll not that part.

I understand it

The 'save your dough' bit was about Joe wanting to put his money into a pension scheme - which he clearly wouldn't ever see the benefit from if the world is going to go tits up in 2012

 

[Durham Fox]

I understand it

The 'save your dough' bit was about Joe wanting to put his money into a pension scheme - which he clearly wouldn't ever see the benefit from if the world is going to go tits up in 2012

It wasn't too difficult really was it homer.

 

[fosseboy83]

:icon_roll not that part.

sorry, trying to be helpful, failed again:icon_lol:

 

[FoxCovert]

pull it out and invest in cheap tarts and strong drink

Good advice if you are over 50