Anybody here know much about pensions?
I've recently changed jobs and now have the options through for my old company pension. I understand that I have the option to make my pension "Paid Up" or can transfer into my new scheme. I'm not sure which is the best option but don't really feel the need to discuss it here as I know it's not that straight forward.
What I want to know is whether to take the third option of continuing regular contributions. Is there any advantage in continuing to contribute a small amount rather than making it "paid up", beyond the extra money that I'd be investing?
Thanks
I've recently changed jobs and now have the options through for my old company pension. I understand that I have the option to make my pension "Paid Up" or can transfer into my new scheme. I'm not sure which is the best option but don't really feel the need to discuss it here as I know it's not that straight forward.
What I want to know is whether to take the third option of continuing regular contributions. Is there any advantage in continuing to contribute a small amount rather than making it "paid up", beyond the extra money that I'd be investing?
Thanks
