Best Options For Transferring Pensions Drawdowns Uk

Best options for transferring pensions drawdowns uk

You may want to move some or all of your pension fund (sometimes called a ‘pension pot’) if:

  • you’re changing job
  • your pension scheme is being closed or wound up
  • you want to transfer to a better pension scheme
  • you have pensions from more than one employer and want to bring them together
  • you’re moving overseas and want to move your pension to a scheme in that country

Get help and advice

You can get free, impartial information about transferring your pension from:

You can also get impartial advice about workplace pensions from an independent financial adviser.

You’ll usually have to pay for the advice.

If you’re concerned about a pension scam

Contact Action Fraud if you’re transferring a pension and are concerned about a scam.

You can also report a pension scam online to Action Fraud.

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Pension drawdown - How much to take and where to invest