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Pension consolidation

In Brief: Pension consolidation

Thursday, 27 February 2020

Moving jobs and changing careers in our modern life has become the norm. This means many of us could have multiple pensions set up, and this is set to continue with the introduction of the auto enrolment introduced recently. Having several pension pots can be complicated and consolidating could be a wise idea. It could make understanding your overall asset allocations easier, it could offer less hassle and more control over your money. Checking what pensions you have and making your own decisions regarding your pension are sensible steps to take if you are considering consolidation of your pension pots. Seeking professional financial advice could help you to decide if consolidation is right for you.

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