How do I transfer my pension?
To transfer your pension to another provider, get in touch with us. After you tell us you’re thinking about transferring, we’ll calculate what your pension would be worth if you take it out, and write to you within 10 working days.
We’ll also send you any forms that you and your new provider will need to fill in if you want to go ahead. When you’ve filled in the forms and sent them back to us, we’ll be able to transfer your pension.
Transferring your pension is a big decision. You could lose valuable benefits or have to pay a charge to move your money. To help you think about whether transferring your pension might be right for you, we’ve put together a one-page Q&A as well as eight questions you should ask before making any decisions.
We also encourage you talk to a financial adviser. To find one, go to www.unbiased.co.uk. They’ll probably charge you for their time.