Reasons to Keep My Pension and Not Transfer

Published / Last Updated on 08/06/2019

Reasons to keep my pension and not transfer:

Pension is main source of income in retirement and inflation protection gives me security.

My health, family health is good so I expect to live to normal life expectancy+ and therefore a guaranteed pension for life is good.

I prefer guarantees and guaranteed income, I am not confident with market related  investments or pensions that can down or up in value.

My partner has smaller/no pension provision and will need my pension income in retirement as it has a spouses benefit.

I am happy that my pension will cover my financial needs in retirement so there is little point gambling it.

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