New Posts For Thread: I know nothing about pensions... what should I do?https://community.betfair.com/tradefair__financials/go/thread/view/94198/25584741/i-know-nothing-about-pensions-what-should-i-doOver the last 10 years since leaving uni I've moved around employers a lot and am now left with 4 or 5 pension plans.I'm just about to start new employment and I really need to sort this out so:1) how - or can I - consolidate these into one plan so I'that does not reflect the minimal work done'. Cornubia, when was the last time you did a pension transfer?https://community.betfair.com/tradefair__financials/go/thread/view/94198/25584741/i-know-nothing-about-pensions-what-should-i-do?post_id=461259089#461259089'that does not reflect the minimal work done'. Cornubia, when was the last time you did a pension transfer?Tue, 10 Aug 2010 15:31:36 -0500Stop paying into any more pension plans and do nothing with the ones you have , look again when you're 60.https://community.betfair.com/tradefair__financials/go/thread/view/94198/25584741/i-know-nothing-about-pensions-what-should-i-do?post_id=461231233#461231233Stop paying into any more pension plans and do nothing with the ones you have , look again when you're 60.Tue, 10 Aug 2010 12:36:16 -0500Be very wary of "consolidating" plans. In Financial Services every action means someone takes a cut and it is always a percentage that does not reflect the minimal work done. Even small bites now mean £1000s loss to you at 65+. Also beware you may ahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584741/i-know-nothing-about-pensions-what-should-i-do?post_id=461229733#461229733Be very wary of "consolidating" plans. In Financial Services every action means someone takes a cut and it is always a percentage that does not reflect the minimal work done. Even small bites now mean £1000s loss to you at 65+. Also beware you may aTue, 10 Aug 2010 12:27:51 -0500Talk to an IFA, or look into get a SIPP (Self Invested Personal Pension). Either way, you need to do some reading. Hargreaves Lansdown are supposed to be good for SIPPs, so have a look on there. An IFA will sort out all the pensions for you, but it mhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584741/i-know-nothing-about-pensions-what-should-i-do?post_id=461197725#461197725Talk to an IFA, or look into get a SIPP (Self Invested Personal Pension). Either way, you need to do some reading. Hargreaves Lansdown are supposed to be good for SIPPs, so have a look on there. An IFA will sort out all the pensions for you, but it mTue, 10 Aug 2010 08:30:04 -0500Over the last 10 years since leaving uni I've moved around employers a lot and am now left with 4 or 5 pension plans.I'm just about to start new employment and I really need to sort this out so:1) how - or can I - consolidate these into one plan so Ihttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584741/i-know-nothing-about-pensions-what-should-i-do?post_id=461196585#461196585Over the last 10 years since leaving uni I've moved around employers a lot and am now left with 4 or 5 pension plans.I'm just about to start new employment and I really need to sort this out so:1) how - or can I - consolidate these into one plan so ITue, 10 Aug 2010 08:19:05 -0500