Could someone explain a few things?

[Anonymouse]

Originally Posted by Jaymoss

This thread has appeared to go vastly off topic only me and you are actually discussing what you asked

I had noticed...

[TheDaddy]

Originally Posted by SnoopZ

Let's say I have 2 work place pensions, when retirement comes is it best to put them both at the same place and then take the 25% lump sum to make it all easier?

Originally Posted by Paul

Thats something to ask a financial advisor, not me.

Is the best advice, the only thing I'd add is that you are paying separate fees on each pension so that alone might be enough to think about combining but as Paul said we are not the best people to advise you on this

[Taf]

Originally Posted by Anonymouse

The threshold figure for UC is £16,000, and I always laugh at the notion that I'll ever have even that much

Universal Credit (UC) payments are reduced if you have savings (capital) over £6,000, with a £4.35 monthly deduction for every £250 (or part) above that limit.

I've seen people in the DWP office claiming they didn't know that, and ONLY ever had about £15k in savings.