Consolidating diy or advisor
Over the past few months I have tracked down my pensions and found I have £110k split across 5 different pots/providers with one being significantly larger than the rest, and I would like to consolidate for simplicity (plus a db pension that I’m leaving alone and my current employer pension which also has to stay where it is). I’m 44 for reference.
I searched the posts and see that people here generally see to do the consolidation themselves. I’m not confident in that but also wary of advisors!
I don’t want to mess this up really though as it could potentially have a big impact.
My plan is to put everything I can about each scheme in a spreadsheet
- including fees, past growth (if I can find it) etc.
Ideally I’d like to get an advisor who knows what they are doing to do it for me though and make some recommendations for a fee. I don’t really want to pay them 3% a year etc. I’d also like some help to forecast how much I need in savings to bridge a couple of
years to retirement.
Has anyone here done similar and had a good experience? Or should I just knuckle down and figure it out?
Thank you