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Pension checklist for changing job

By Kirsten Hastings, 12 Jun 18

It can be easy to forget about pension benefits when you are swept up in the excitement and stress of changing job. But as workplace pensions can be very generous, it pays to keep on top of any pots that have been built up, says Fidelity International’s Ed Monk.

Check the investment mix
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Check the investment mix

“Your pension pot is put into various types of investments, including shares, and your pot at retirement is based on how much has been paid in and how well the investments have performed, less any charges,” Monk continued.

“There may be a choice about how your money is invested. Check your scheme to make sure yours is invested in line with your aims and attitude to risk.”

Tags: Fidelity | Lifetime Allowance | MPAA | Pension

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.