What would you do if you were I.....

[djsim]

Hi Guys,

I could really do with some advise here. I was working for a company for four years and I was paying 80% High and 20% low risk. Last year the company closed. I received a letter yesterday from Standard Life "Leaving Service Options & Beefit Statement" stating I have over 8K in the fund and I had five options:

1) Take a Refund of Contributions
2) Remain in the plan and defer my Pension
3) Take to my employers company Pension Plan
4) Transfer to a Buy Out Bond with Standard Life
5) Transfer to a Buy out Bond with another pension Provider

I am currently with my new employeer a year and I have not started a Pension with them yet cos they do not contribute anything.

Would I be better to start one myself (Irish Life etc) ?
What is the best option to choose from the 5 listed above.

thanks for any help that you provide.

james

 

[Brendan Burgess]

I would read the Posting Guidelines and make the title of your post relevant to the question.

Brendan

 

[Guest126]

Transfer it to your new employer's plan if they have one and the entry costs are 0.