Hi Gerard,
yes I can track them as in I have portal access to see how they are doing and to change underlying funds however the waters get pretty muddy at that point as I don't know what to swap into and out of so I have just left them.
Yes I am part of a DC scheme with my current employer, noted re putting all my eggs in one basket.
Hi Steven,
thanks for your points also, good to know.
Can I ask you both when it comes to pension time what happens, is it you draw a tax free lump sum from your DC pot tax free which is X times your final salary then purchase an annuity with the rest?
And if my DC pots are spread across different schemes how is this factored in are they lumped together?
Is there a married and single band for the tax free element - does the spouses income come into it?
Thank you