The government is looking at changing the rules so it’s easier to move small pensions. Is it a good idea?
If you have several pension pots from previous jobs, do you know how much they’re worth and where they’re invested? The chances are you don’t. According to research by Aviva, 65% of women didn’t know the value of their pension pots, and 61% were in favour of combining their smaller pensions into one big ‘pot’. Yesterday the Department for Work and Pensions said it was thinking of changing the rules to make it easier for some people to combine their pensions.
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