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You may want to move some or all of your pension fund (sometimes called a ‘pension pot’) if Below, find out the rules involved when moving your pension, whether transferring a pension is a good idea, as well as some more information on our featured pension transfer providers. You’re changing job your pension scheme is being closed or wound up you want to transfer to a.

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What is a pension transfer Pension transfers are a means of moving your retirement savings to a new scheme or consolidating multiple pots under one provider A pension transfer (also referred to as pension switching) involves moving the funds from one pension scheme to another

This process allows people to switch to a scheme that’s better suited to them, has lower fees, has access to different investment options or to consolidate multiple pensions.

Moving your pension is known as ‘transferring’ If you have a defined contribution pension where you’ve built up a pot of money, you can usually transfer this to another pension provider Or there could be a reason to keep an existing workplace pension separate from some of your older pensions. Transferring a pension needn't be a complicated process

In this article, i explain everything you need to know when considering a pension transfer, along with how to transfer a pension. Should i combine my pensions If you have a defined contribution pension, you have the option to transfer it to another pension provider and consolidate multiple pots in one place This can bring several benefits

Bringing together several pensions in one place can make it easier to keep track of your savings

We outline everything you need to consider including how to transfer and when to do it. Discover how straightforward it is to transfer a pension and learn the benefits of having all of your pensions together in one place. Pension transfers let you move your existing pension from one provider to another This can save you money on fees and could allow you more control over how your money is invested

Find out how to start your pension transfer here.