Combine your pensions

Combine your pensions into a modern online plan

 

How transferring works

Checklist

Download our checklist

To help you decide whether transferring is right for you

Arrow

Arrow

Complete your application

Arrow

Tick

Transfer complete

We’ll let you know when the transfer is complete

Get started
 

This form cannot be used to combine existing Standard Life plans.
Call us on 0345 279 8858 for more information. Call charges will vary.

 

All your pensions in one place - why it can make sense

Life's easier when it's organised. It's likely that you've paid into more than one pension pot if you've had more than one job. Combining your pots could make your pensions easier to manage and help you save on fees.

Here's why it can be a good idea:Customer dashboard example image

One easy-to-manage plan

One clear view of your pension you can easily manage online

Better value

You could benefit from any discounts on charges that your employer has negotiated for pensions you transfer

Potential to pay less tax

When it's time to access your money, we can give you the flexibility to take your money tax efficiently. Not all pension plans offer this.

Get started button

Important considerations before you transfer

Many pensions are appropriate to transfer, but some have valuable guarantees you might not want to give up. You could be losing money by giving up any valuable guarantees or benefits you might get from your other pensions. To help you understand whether you have any valuable benefits attached to the plan you are looking to transfer, download our Pension Transfer Checklist.

Whether transferring is right for you will depend on your own circumstances, including the type of pension you hold. If you are in any doubt, you may want to speak to a financial adviser. There will likely be a cost for this advice.

Transferring other pensions will not be right for everyone. You need to consider all the facts and decide if it is right for you. There is no guarantee that you will get more as a result of transferring.

The value of your investments can go down as well as up, and may be worth less than what was paid in.

If you do proceed with the transfer and then change your mind, you may not be able to transfer your pension savings back into your previous scheme.

You should check and compare the charges of your specific investment option(s) to see what impact transferring would have on the charges you would pay.