Putting all of your pension savings in one place to make it easier to manage your retirement plans sounds like a sensible idea — but it’s not necessarily the right solution for everyone.
On this week’s Money Clinic, presenter Claer Barrett meets 51-year-old Tina who has spent lockdown searching for all of her old pensions.
FT podcast: Should I combine my pension pots?
Claer Barrett talks to listener Tina about her retirement savings dilemma. Listen here
Experts Sir Steve Webb of Lane Clark & Peacock and Catherine Morgan, the financial planner who hosts the In Her Financial Shoes podcast, provide tips for people of all ages looking to sort out their pension savings — and discuss the pros and cons of using new online pensions consolidation services.
If you would like to talk to Claer for a future episode, please email the Money Clinic team at firstname.lastname@example.org with a short description of your dilemma, and how you would like us to help. Follow Claer on Twitter and Instagram @Claerb and read her weekly Serious Money column in the FT Money section of the FT Weekend newspaper.
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