For anyone trying to clear their debts, one of the main benefits of personal loans over credit cards is that they are for a set amount.
(a new arrangement may be more expensive – especially if you have a stakeholder pension).
Many fine wine collectors prefer to store all their wines in one place, even if they’ve purchased it from different merchants.
Before you consider transferring a pension, it is important to ask yourself: Will I lose any valuable benefits or features from my existing pension plan?
Will I incur any penalties on my existing pension if I transfer? (in which case it is very unlikely to be advisable to transfer) Have I considered the charges on my current plan?
Money Supermarket figures show that someone borrowing £10,000 over four years with M&S would pay a total of £11,238.