During your working life, you may have collected more than one pension, which can make keeping up to date with your pensions very confusing. With all the paperwork that comes with each pension, it can easily become something to simply file away and ignore.
Why Consolidate Your Pensions?
It’s much easier to keep track with everything in one place and it could also reduce costs. Managing several different pensions can make monitoring their performance a hard task which can lead to them not receiving the attention they should.
Once your pension is consolidated it is easier to see how it’s performing for you. Keeping track of your pension can help you make sure you will have the right income when you come to retire. In some cases it can even allow you to retire earlier than expected. A well maintained pension could make the difference of thousands of pounds when it comes to your retirement.
Over time there have been dramatic changes to the charging structures for pensions so if you took your plans out some time ago it may be possible to consolidate to a lower charged plan.
Plan for the future today!
The value of investments can go down as well as up and you may not get back the full amount you invested.
The past is not a guide to future performance and past performance may not necessarily be repeated
Core Financial Services Ltd is authorised and regulated by the Financial Conduct Authority member no. 471184. Financial Conduct Authority - http://www.fca.org.uk/
Registered in England. Company Registration No: 5428054. Registered Office: Kings Lodge, London Road, West Kingsdown, Kent TN15 6AR
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