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 …

View full answer >>

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 …

View full answer >>

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 …

View full answer >>

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 …

View full answer >>

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

Firstly, because of the coronavirus outbreak, The Financial Conduct Authority has put together some important information on their website. We’d recommend you …

View full answer >>

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 …

View full answer >>

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 …

View full answer >>

Can I transfer my TUTMAN B&CE Contracted-Out Pension to The People’s Pension?

Yes, you can do this simply through your Online Account. Or you can request an internal transfer form by letter, email …

View full answer >>

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. …

View full answer >>

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 …

View full answer >>