Introducing Moneybox Stories. A series where we talk to our community about how you’re turning your money into something greater with Moneybox. Meet Kaidi…
“I wanted to combine my old pensions so that I had control.”
“When I retire, I want to be able to continue my two passions – travelling and aerial silks,” says Moneybox customer Kaidi. “I first came across silks in Croatia, I thought it looked so beautiful. Then a couple of weeks later when I’d returned to London, I saw another silks show and took it as my sign to give it a go.”
“I’ve been lucky enough to explore lots of beautiful places around the world but there’s still so much I want to see and do well into my retirement years. But I know that’s only going to be possible if I start planning for it now.”
Should you consider consolidating pension pots?
Combining your old pensions into a Moneybox Personal Pension is easy to do and could give you more control and less admin.
If, like Kaidi, you have lots of lost pension pots floating in the ether but don’t know how to find them, we have a trusty team of Pension Detectives you can help you track them down. 🔍
With the Moneybox Personal Pension, you can:
- Track down and combine your old workplace pensions into one personal pension with the help of our trusty Pension Detectives 🔍
- Get a free 25% bonus on what you save into your personal pension from the government. So for every £4 you save, the government will contribute £1 (Pension and Tax rules apply) 💰
- Save as much or as little as you like, whenever and as often as you like with weekly deposits, monthly payday-boosts, one-off deposits or round-ups 👛
- Track the performance of your investment 24/7 in the app 📈
🎓 Enrol in the Pensions Academy, our comprehensive guide to all things pensions from why consolidating your pensions could be right for you to what you should be saving for retirement.
When deciding whether to transfer your pension, it’s important to compare the charges and benefits between Moneybox and your old provider, and whether the risk and reward profile of the investments we offer matches your needs. As with all investing, the value of your pension can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and is subject to change. We do not currently offer drawdown products (for the Moneybox Pension). If you’re not sure whether the Moneybox Pension is right for you, a suitably qualified financial adviser can help you decide. Moneybox Personal Pension T&Cs Apply.