Latest Pension News

Transferring your pension

A pension transfer is when you move your pension pot from one scheme to another. You may be able to transfer all of your pension pot or just part of it, however, not all pension schemes will allow you to transfer only part of your pension pot. Before making any sort of pension transfer, you will also need to ensure that the scheme you wish to transfer too will accept the transfer.

Reasons you may want to transfer your pension

You may want to make a transfer to or from your pension scheme if:

  • your pension scheme is being closed.
  • you have found a better pension scheme.
  • to consolidate pensions from more than one employer, bringing them together into one pension scheme.
  • you're going to live overseas and want to move your pension to a provider in that country.

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Making retirement planning easier

For generic pension information, you could go to www.gov.uk/browse/working or you can give Sussex Pension Advice a call and let us help you clarify EXACTLY what your expectations should be regarding your retirement plans and your pension funds.

Sussex Pension Advice regularly helps clients with the following:

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