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Pension transfer

What is pension transfer and why would you do this?

Many people have had more than one employer, and after changing your employer you could be joining a new company pension scheme, what we will do is combine your collection of pension into one pot, this should reduce your fee’s, stop trail commission as some providers keep an additional fee with the pension for as long as you have it open.

Why is it better to seek advice when you transfer a pension?

Switching without taking independent, specialist advice could mean you lose more than the extra cost of commission and management fees: