Transfers

I’m getting divorced. What happens to my pension pot?

The amount your ex-spouse receives is known as a ‘pension credit’. If you have a pot with The People’s Pension, depending …

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Do I need to do anything to combine my old pot with The People’s Pension with my new one?

If you’ve already got a pension pot with us, we’ll combine your new pension with us automatically. This makes keeping …

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Are there any charges or penalties for transferring my pension pot to another company?

No. Should you wish to transfer your accumulated pension pot to another pension provider, we won’t apply any penalties for …

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Can I transfer my other pensions to The People’s Pension?

If you’ve worked for several employers, it’s likely you’ll have several pensions. You may be able to transfer your other pensions …

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How do I transfer my savings from The People’s Pension to another pension provider?

Transferring your pension savings is a big decision. Things to consider before moving your pension Moving your pension could mean …

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Can I transfer my pension savings with The People’s Pension to NEST?

You’ll need to check with NEST to see if they’re happy to accept the transfer as NEST have certain criteria …

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Are there any transfers you don’t accept?

If your current pension provides a guarantee of the money you’ll be paid, or guarantees a certain level of investment …

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I’ve 2 pots with The People’s Pension with 2 different account numbers? Can they be merged into one?

You may end up with 2 different customer numbers because of your employer incorrectly entering your details into our system. …

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Can I transfer into the same pension funds I’ve already invested in?

Unless you inform us otherwise, the investment profile of your pension savings with The People’s Pension will remain unchanged and …

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Do you accept transfers from defined benefit schemes?

Each request is considered individually by the Trustee of The People’s Pension and by B&CE as the pension provider. Please note …

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