Pension warning: Should you consolidate pots? ‘Unexpected disadvantages’ to watch out for

Pension warning: Should you consolidate pots? ‘Unexpected disadvantages’ to watch out for

Contributions to private pension funds are something many people will do. All employers must provide a workplace pension scheme, and this is known as “automatic enrolment”. The employer must automatically enrol a person into a pension scheme and make contributions to it, provided the individual fulfils four conditions. These are that they are classes as a “worker”, aged between 22 and state pension age, earn at least £10,000 per year, and that they usually work in the UK. State pension forecast: How much can you get? How to get full amount

Why filling in Child Benefit claim form […]

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