Pension?

[helpimcrap]

Hi all,
Just thinking about nothing really so thought I'd ask a question.

Obviously paying into a pension and I'll get a full state pension in 24yrs when I retire.

Also paying a bit into an AVC.

I have 3 pensions from different employers, so am I best transferring into one or leave them as they are?
Not putting all my eggs into 1 basket so to speak.

Also have a pension at £10 a month I set up to get cheap car insurance! lol.

 

[helpimcrap]

Ooh tell us more about how to get this cheap car insurance?

It was Aviva at the time and you'd get 25% discount if you had another product with them. I had a Porsche 911 at the time so insurance was worth the £10 a month extra as I'd save about £300 over the year lol.
Think it was somebody on here who confirmed my thoughts.

Not sure if they still do it but if they do, get a pension started as whatever you put in you'll get back in the end anyway.

 

[helpimcrap]

Pigs might fly. In 24 years time state pension will not exist or if you have a big enough private one you will not get it.

Why do you think government made it mandatory to start paying into a pension ten years ago.

So what I pay into a private pension will mean the state pension is taken off it?

Eg £18k per annum private pension - £12k state pension = £18k p/a real pension?

I wouldn't get 18k + 12k = 30k?

 

[helpimcrap]

Hmmm this has opened a cab of worms, but some very interesting opinions and views.

So I'll save my money into an ISA rather than private pension, and as I've accrued enough years for a full state pension, stop paying into it and move abroad... Live out the rest of my life in paradise until 68yrs old when I find out my pension has been cancelled because they can't afford it...

 

[helpimcrap]

I too did this end of last year. Never knew Pensionbee existed. All in one pot.

I'm doing it now but they can't add public pensions.

That's 2 of my pensions I can't touch....