Pension - best deal

[greyinganddecaying]

I've just changed jobs and have signed up to the company pension scheme.

I have 2 other pensions & am wondering about continuing to pay into one/both, to pay extra into my new scheme or to open another. I don't have a huge amount of spare cash, but could spare an extra £50/month as I am concerned about pensions/retirement (I have 15-20 years to go).

Without going to an IFA initially at least, is there a guide to comparing pensions so I can get a better idea of where best to put my money?

Does your new company scheme offer any sort of match funding if you increase your contributions into that scheme?

@Sunseed

Does your new company scheme offer any sort of match funding if you increase your contributions into that scheme?

No they'll match up to a certain amount (which I'm already paying in) but nothing after this.

What fees are you paying from the other ones? Fees can eat away your savings if not careful so 3 schemes seems excessive unless there's a good reason to continue with them all.
I would put all new money into your employer scheme and think about moving money from the other schemes too, but that might depend on why you have them in the first place.

@thebeach

What fees are you paying from the other ones? Fees can eat away your savings if not careful so 3 schemes seems excessive unless there's a good reason to continue with them all. I would put all new money into your employer scheme and think about moving money from the other schemes too, but that might depend on why you have them in the first place.

This is what I was thinking. I have an old work pension, a personal pension and a new work pension.

My other thought is that sometimes the fee for transferring pensions can be pretty big and it may not be worth it.

To give decent advice we would need more info about what the fee structure is for each pension, whether the old work pension is "defined benefit" or "defined contribution", and what the investment options are in each scheme.

Yeah I need to dig out all the information. So what do I need? Annual charge? Any charges on transfer of pension?

None of these are defined benefits sadly.