In this episode (Part 1 of 2), Pete and Roger unpack the big question: should you consolidate your pensions and investments, or can you oversimplify and accidentally make things worse? We break down what pension consolidation really means in the UK, the strongest arguments for and against it, and the key benefits and risks to watch for (including charges, safeguarded benefits, and 'all eggs in one basket' concerns). If you are approaching retirement planning and want more clarity, confidence, and fewer moving parts, this is a practical guide to help you think it through properly. Part 2 will focus on what to actually do next, step by step, if you decide consolidation might be right for you.

Shownotes: https://meaningfulmoney.tv/session623 

02:42 KNOW - The emotional pull of consolidation

08:16 KNOW - What consolidation actually means

10:56 KNOW - The strongest arguments FOR consolidation

25:00 KNOW - The strongest arguments AGAINST consolidation

44:35 KNOW - When consolidation is usually a very good idea

47:16 KNOW - When caution is essential

48:36 KNOW - The "good enough" middle ground

50:10 Summary