Pensions

[scoobydooby]

my partner currently has one pension (with Standard life Bank) through his employment but also has two frozen pensions from previous employment. He has annual statements regarding his frozen pension schemes.

My question is, should he transfer these across to his current pension (if, indeed it is possible) - as he's receiving yearly bonuses on them.

Apologies if I'm being vague - I have no knowledge of pensions - so any advice would be very welcome.

[buildersmate]

We cannot give you financial advice on this site - only a body regulated by the FSA can do that.
But the general principle would say that every time you move pension funds around, some smart arris takes a cut from the fund.
There is no harm in having several pension pots from different employments - they will all pay-out in the end when he decides to draw on them.
If he has very small sums in them, the annual management charges may be eating a bigger proportion of the fund - that is perhaps one way to consider whether to transfer them.
Also it may not be possible - depends on the trustees of the current scheme he is with.