Transfer your other pensions

If you’ve worked for more than one employer, it’s likely you’ll have several pensions. Transferring them into your account with The People’s Pension – at no charge from us, could make keeping tabs on them a whole lot easier.

Can we help you save money?

By combining all your existing pensions, the charges you pay may be lower (obviously, we can’t guarantee that it will result in a higher value pot or a greater income in retirement).

Check what you need to consider before you transfer

Activate or log in to your Online Account

Click the blue ‘manage’ button to the right of the screen

Click the grey ‘transfer in’ tab top right of the summary screen


Log in and transfer »

Why should I transfer my pension?

Watch our video

The People’s Pension charge you just:

50p a year (0.5%) for every £100 of the value of your account.

The less you pay in charges, the more of your money is invested.

Even small differences in charges can have a significant impact on the value of your pension pot at retirement.

If you prefer, you can download our flyer about transfering:
More than one pension? .pdf


Track the performance of your pension pot online

Your Online Account shows you how your pension savings are doing, plus you can…

Manage your pension savings online like your bank account

Boost your pension pot by saving more, or change how your money is invested

Tell us who we should consider passing your savings to if you die before you take your pension savings – that could be people or organisations

Change your selected retirement age

Transfer other pensions into one place with The People’s Pension

Keeping your details up to date will be a lot simpler

Moving house is hassle enough, so notifying just one provider is a handy time saver.

One statement

Instead of a pile of statements, you’ll get one a year as a simple overview of your pension savings.

One account

It’s easier to keep track of one pension pot, and clearer to see how much your total pension savings are worth.

We’ll do all the work for you

Transferring in to The People’s Pension is simple – all you need to do is give us the details and we’ll help you do the rest.

Contact your existing pension provider

Request the relevant forms from the provider (if required)

Make arrangements to ensure your pension savings are transferred

Contact you and let you know once the transfer is complete.

You may like a personalised illustration before you transfer, just let us know and we’ll send you one. Although we don’t give financial advice, we’ll be happy to do everything we can to help you.

Download transfer form »

Important things to consider

This is not a recommendation from B&CE to transfer your pension savings. The Trustee of The People’s Pension and B & C E Financial Services Limited (who administer the scheme) are not able to offer advice on whether or not you should transfer.

Transferring may not be suitable or available for everyone. Whether it’s right for you will depend on many factors such as personal circumstances, the nature of your other pension arrangements, whether you are planning to access your pension savings in the next five years, whether you could be giving up a guaranteed benefit – such as guaranteed annuity rates, the cost of transferring or whether the provider you are transferring from applies a charge, be that a fund or a contract charge.

If you are transferring your funds out of an occupational or company pension scheme this may be more complex than transferring a personal pension, especially if it is a ‘defined benefit’ scheme. We recommend you read the Money Advice Service’s information on transferring out of a defined benefit pension scheme before obtaining financial advice and making a decision.

It’s important that you compare the charges, features and services between the pension you want to transfer and The People’s Pension to see if it’s the best option for you. If you are unsure about transferring, we recommend you speak to a financial adviser. To find your nearest adviser, you can visit

Next: What is automatic enrolment?

Page Options: