What would you do if you were I.....

Hi Guys,

I could really do with some advise here. I was working for a company for four years and I was paying 80% High and 20% low risk. Last year the company closed. I received a letter yesterday from Standard Life "Leaving Service Options & Beefit Statement" stating I have over 8K in the fund and I had five options:

1) Take a Refund of Contributions
2) Remain in the plan and defer my Pension
3) Take to my employers company Pension Plan
4) Transfer to a Buy Out Bond with Standard Life
5) Transfer to a Buy out Bond with another pension Provider

I am currently with my new employeer a year and I have not started a Pension with them yet cos they do not contribute anything.

Would I be better to start one myself (Irish Life etc) ?
What is the best option to choose from the 5 listed above.

thanks for any help that you provide.

james

I would read the Posting Guidelines and make the title of your post relevant to the question.

Brendan

Transfer it to your new employer's plan if they have one and the entry costs are 0.