#33

I’ll see you and raise you four final salary pensions.

#34

ring up the old ones and tell them you want to transfer from there into your current one, then fill in whatever paperwork they send

#35

Dinner?

#36

I need to see the ring first.

#37

I don’t think I can.

#38

goatse.jpg

Recent examples of outdated trends / memes etc
#39

Probably best to do so when he’s not been on the pizza.

#41

you will be able to, it’s your money & rights. Happy to answer any PMs btw (worked in pensions admin for 18 months or so)

1 Like
#42

Yeah, me either. I find it strange that my accountant (who I play golf with most sundays) hasn’t helped out with this.

1 Like
#43

It’s a good job we’re both the right side of 30 then!

#44

3 Likes
#45

Just realised my pension’s current value is pretty much the same amount we’ve spunked on rent over the last 3 years… :disappointed:

#47

I once tried this with my oldest pension. Their first question: what was your home address? I couldn’t remember.

#48

Is this really true? My current employer had a freeze on transferring other pensions in for several years.

#49

Well that makes fairly grim viewing…

Need to get a better job I think…

#50

yeah there can be blocks on transfers in but not on transfers out (assuming you’re not transferring out to a pensions liberation fraud company). So there might be a minimum term before transfers in are allowed, or it might be that you can only transfer in if you’re an active member, but it’s worth knowing when that date is and making sure you’ve got all the docs you’ll need in advance of that date cause some companies are so fucking slow that you’re better off getting all the forms etc. then sending them off when transfers in are open.

Or setting up a private pension to transfer each of your old smaller pots into, to make it easier to manage

#52

I’m no expert but I don’t think consolidating them is always a good thing.

#53

I have a pretty sweet deal at work where I pay in 8% and they put in 12%. have two with work, because they closed the company scheme then reopened it, but always slightly against transferring as the old one seemed to be doing OK? Think it might have lots of non-UK investments as the value started increasing growth a lot since around the middle of last year…

#55

Overpaying what, a mortgage?

ISAs are only really worth it if the interest on any savings exceeds £1000 per year (since the government introduced that as a tax-free allowance last year).

There’s a guide to when it makes sense to overpay a mortgage here: http://www.moneysavingexpert.com/mortgages/mortgages-vs-savings

1 Like
#57

If it’s large amounts, speak to an FA
if it’s relatively small amounts, the ease of consolidation trumps the potentially higher returns of keeping them seperate, and means there’s no chance of losing track of any of them

1 Like