Pension Consolidation (FEB 2020)

Working for multiple companies throughout your working life also means an accrual of various pension plans spread amongst various pension providers. 

This video explains both the concept of pension consolidation, plus the benefits of doing so. It balances this by also looking at the potential disadvantages and how individuals can weigh up whether to consolidate into one plan. 

The video includes: Outlining the advantages and disadvantages, how pension consolidation makes things clearer and easier to manage, why improvements in the strategy can pay handsome rewards in the long-term, how to go about exploring this further, the benefit of taking professional pension advice.