One of my previous employers (insurance company) is winding up their pension scheme (I worked for an offshore part that is closed down). I have been given three options
-transfer sum to my current employers pension
-Take a Buy Out bond with my older employer
-Take a Buy Out bond with another company
Other than charges is there any anything else to consider between a buy out bond and move to my current employers pension? i.e. options on retirement etc.
If not, do I have to ring all the insurance companies to get the charges etc for their Buy Out bond?
Thanks
-transfer sum to my current employers pension
-Take a Buy Out bond with my older employer
-Take a Buy Out bond with another company
Other than charges is there any anything else to consider between a buy out bond and move to my current employers pension? i.e. options on retirement etc.
If not, do I have to ring all the insurance companies to get the charges etc for their Buy Out bond?
Thanks