Hi all
Just been made redundant at the grand old age of 41. My transfer value is 120000. The company is still working and I can't see this ever changing it's a DC scheme. My question is I can leave the pension where it is or transfer to new one. If I transfer I will have fees to pay but if I leave it as a deferred member the company still pays the fees. How much are fees roughly. Is there any point in transferring.
Thanks
Just been made redundant at the grand old age of 41. My transfer value is 120000. The company is still working and I can't see this ever changing it's a DC scheme. My question is I can leave the pension where it is or transfer to new one. If I transfer I will have fees to pay but if I leave it as a deferred member the company still pays the fees. How much are fees roughly. Is there any point in transferring.
Thanks