Advice services

If you’ve hopped between a few jobs or set up a private pension for yourself, you’ll likely have a few pensions to your name. You may have lost track of the pension pots you have or may not know you’re paying charges on some. It can be difficult to keep track of them.

It’s easy to end up with quite a few pensions, but it can be a good idea to combine them all into one. Here are some reasons why:

• The charges you pay might be significantly less on a new combined pension than on your current pensions.
• You may find it easier to keep track of what you have and to plan for the future.
• A new pension may offer other advantages, such as a more suitable choice of investments or more flexible options for accessing your money.

Our advisers can look at your current pensions, discuss all your needs and priorities and assess the best solution for you.

Find out more about our retirement and pension advice service.

A defined benefit pension is sometimes known as a final salary or career average pension. If you have one of these pensions, it guarantees the amount of income you’ll get when you retire.

That's why, if you're thinking of transferring out of one of these schemes, you'll be required to seek advice. Take a look at how our qualified pension transfer specialists can help provide advice on your defined benefit pension options.