How best to dea with several small pensions?

[Wilmslow]

Got 3 company pensions from perm jobs for around 3 years, and a couple for a year or so.

Going to get all details and take to my financial adviser, but, what sort of things should i be thinking of before i see him?

Also got a private pension with standard life, been going with fixed amount for around 7 years.

i recall when doing my fpc that best to leave company pensions alone, but, what about having a few?

[sasguru]

Do this

Then you won't have to worry.

[Wilmslow]

Do this

Then you won't have to worry.

There must be an easier option not so messy?

[sasguru]

Maybe i should see a counsellor to deal with suicidal thoughts.....

Lucy might be able to help. No wait ...

[Wilmslow]

Lucy might be able to help. No wait ...

i was a little late editing my terrible attempt at warped humour........

[Francko]

Lucy might be able to help. No wait ...

All her previous 4 husbands made the same mistake ...

[Lucy]

All her previous 4 husbands made the same mistake ...

I've never been married.

[Francko]

I've never been married.

It's a secret between us and the fifth poor guy.

[Gonzo]

i recall when doing my fpc that best to leave company pensions alone, but, what about having a few?

You have the FPC but you are asking on here and then going to see a Financial Adviser.

I did not want to be one to join in the Wilmslow bashing, because that is playground level stuff and I would like to think that I am above it, but FFS

Unfortunately there are no right or wrong answers with pensions because who knows how it is all going to work in 30 or so years time, which is when I will be retiring. There is only any certainty for people retiring in the next couple of years, but it is a bit late to start the planning when you are that age.

Generally it is considered unwise to transfer out of a defined benefits scheme into a defined contributions scheme, but there is one school of thought that would argue a defined benefits scheme is only as good as the company that is providing it. (There is a new government compensation scheme to investigate though.)

I don't have the FPC so am not qualified to give financial advice, the value of your investment and the income from it can go down as well as up.

ADDENDUM Watch out for Financial Advisers that will try and churn your existing arrangements just to generate some commission for themselves.

[PRC1964]

Got 3 company pensions from perm jobs for around 3 years, and a couple for a year or so.

Going to get all details and take to my financial adviser, but, what sort of things should i be thinking of before i see him?

Also got a private pension with standard life, been going with fixed amount for around 7 years.

i recall when doing my fpc that best to leave company pensions alone, but, what about having a few?

I run many A1 pension funds.

It is financed on the estate of the late Chief Imgonna Takeyourmoney who left an estate of FIVE HUNDREDS millions of pesetas.

I charge no COMISSIONS

contact me soon and we can make you a peacefulls afterlife.