Over a person’s lifetime you may have many jobs and many pensions. These funds may be invested in areas that are no longer suitable to your attitude to risk, may be performing poorly or may have high charges. Sometimes it may be beneficial to look at transferring them into one fund.
Transferring out of a final salary pension is unlikely to be in the best interest of most people.
The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.
Mark Till Mortgages & Financial Services do not provide advice on pensions and investments, but we can pass your enquiry on to an expert.