Bring your pension pots together

If you’ve got several pensions with different employers, you can combine these into one single pension pot.

Should you combine your pension pots? Should you combine your pension pots?

It doesn't usually make sense to transfer from a defined benefit scheme, so it’s a regulatory requirement to take financial advice if the value of your defined benefit pension is over £30,000.

"Defined benefit schemes": These schemes pay you a guaranteed income each year. How much you’ll get depends on your earnings during your time in the scheme and how long you were a member for.

Back to 'Planning for retirement'