Guide to transferring a pension
Is transferring my pension a good idea?
Transferring a pension to another provider might be easier than you think. To help you understand your options, and whether transferring could be right for you, we’ve created this essential guide.
Find out everything you need to know before you transfer, including:
- When you might benefit from transferring
- How to find your lost pensions and combine them into one
- Four vital checks before you go ahead
- How to take control and transfer to the HL SIPP
Before transferring a pension you should check you won't lose valuable guarantees or need to pay high exit fees. If you transfer in cash you will be out of the market for a while, so you’ll miss any market rises or falls. All investments can go down as well as up in value, so you could get back less than you put in.
We have written this guide to give you useful information, but it's not personal advice. If you are unsure about the suitability of transferring, please seek advice.