Everything you need to know about combining or consolidating your pension pots.
If you’ve got more than one defined contribution or personal pension pot, you could boost your savings by combining them into one. Consolidating your pots could help you move money away from funds with high charges, leaving more of your money available for retirement.
Pension specialists can work with you to assess your pensions, and make recommendations on if combining your pots is best for you. Some of the things that they will look at are:
Most companies will allow you to consolidate your pensions into one pot, but there are associated advantages and disadvantages to this approach.