Several Pensions what to do

S

seabreeze

Registered User
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Hi I need advice please...Due to moving between companies I have several pension funds all defined benefit adding up to approx E110k.
The approximate breakdown is as follows: e40k BOI PRSA, e10k Quinn life PRSA, e70k UK company pension and e1200 Zurich PRSA.
I need advice on what is the best way forward. Is it advisable to merge all into one fund for ease of management or stay as is.

Many Thanks
Seabreeze
 
Hi seabreeze,

It is possible to merge your three PRSAs into one - one of the existing PRSAs or another one created for that purpose.

I worte a Key Post a while ago on the subject of amalgamating pensions. It's here. It gives you an idea of the issues to consider before amalgamating.

I'm assuming that you mean Defined Contribution, by the way.
 
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