Pension Transfer

There are some situations where you should move your pension to a new scheme, and these include; Adding a personal pension to an occupational pension scheme to take advantage of lower fees and employer contributions. If your existing scheme is being wound up. You have a pension scheme with high fees and you find a better charging personal pension plan or you want to consolidate into one arrangement to help focus your retirement strategy. In all of these circumstances, you should speak to an independent financial adviser to ensure you are making the best possible decision on your pensions transfer.