Over your working life you may have started a number of pensions with different employers and careers. But if they are held with different providers, it can be difficult to keep track of how they are performing. Bringing some or all of them together could not only make your life easier, but also help save you time and money.
Combining pension pots may not be the right move for everyone. You'll need to make sure it's right for you…
*Remember, the value of investments can go down as well as up.
Bringing your pensions together is a complex decision, so you’ll need to be sure it’s right for you, and in your best interest. It’s important that you fully understand the costs, benefits, tax implications and any potential risks involved.
If you’re thinking about transferring in from another pension scheme, a financial adviser will be able to help you with this. They might charge a fee, but your future security and peace of mind is a big consideration.
Remember that the value of your pension, and any income for it, can fall as well as rise and isn’t guaranteed. You could get back less than you originally invested.
It can be tricky keeping track of the different policies you hold.
The government offers a free pension tracing service to help you track them down.
It's quick and easy to see how your pension is performing.
Log in online, anytime, to see how your pension is performing, and much more.
You can do this by taking a look through our literature library.
Find key documentation such as key features, charges and pension benefits guides.
The funds you invest in will heavily impact what you get when you retire.
Find out how you could adjust your investments as you approach retirement.
It’s possible to transfer your other pensions into your existing
Phoenix Wealth pension. If you’re looking to do this, you can talk to us.
Lines are open between 8.30am and 5.30pm, Monday to Friday.
We sometimes record telephone calls to help with training, service and security.