4.3 Pension and Retirement Account Consolidation Made Easy: Transfer Old Pots & Dump High-Cost Default Funds
Clean up and take control of your pensions and retirement accounts to get them working the way you want
If you’re like most people, and have worked for a few different employers, you will have multiple old pensions/retirement accounts which you have forgotten about, or paid no attention too, and a current workplace pension.
Your pension landscape may be a bit of a mess.
And, all of these pensions might be invested in asset classes or allocations that you may or may not be happy with.
But you have the power.
You can decide what all of those are invested in.
Want 100% equities? You got it.
Want 60-40%, go for it.
But first you need to find out where your pensions are.
Depending on the region that applies to you, click the link below to read the guide and free resources on how to:
Track down old pensions/retirement accounts
Consolidate them and get them invested in your desired asset allocation
UK Pension Consolidation Guide
USA Retirement Account Consolidation Guide
Up Next: 4.4 - How to Use ISAs/Roth Accounts for 100% Tax-Free Growth—Everything You Need to Know
Unbelievably, there are 2 types of account on which you pay no tax, ever. Find out how to supercharge your investing and escape fund with the ISA (UK) and Roth Accounts (USA)
Disclaimer: This content is for informational and educational purposes only. It does not constitute personal financial advice. Everyone’s situation is different — if in doubt, speak to a qualified, regulated financial adviser.