Should I consider pension transfer?
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royall790
Apprentice
Joined: 12 Jun 2007
Posts: 3
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 Posted: 12/22/09 - 11:20 Post subject: |
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| I have a problem regarding my current pension plan and I don’t think that it’s performance is good enough. Many of my friends have already transferred their pension to different providers and I think that they made the right decision. But I cannot decide on should I consider pension transfer or not because I think that it’s not that easy and I’m also worried that I might even make a mistake with that transfer. Should I consider pension transfer or not? |
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katuscha
Apprentice
Joined: 12 Feb 2006
Posts: 6
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| Posted: 01/21/10 - 03:25 Post subject: |
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| I’m sure that before deciding what to do you should consider independent advice because there are many potential problems with pension transfer. Many people don’t realize that it’s not always good to do this, there are some additional costs and the procedure can be quite annoying. There are many possible reasons for transferring your pension but my advice is to do this only if you’re sure that you are able to find more profitable pension plan. |
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