Transfers

Can an IFA transfer my pensions without my consent?

  No.  For any transfer we require you, as the member, to confirm you wish to transfer.

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You’ve transferred my pension savings with The People’s Pension to another scheme but I made a mistake and want to cancel this.  Is this possible?

  Yes, you can do this provided this is within the cancellation period of the other provider. This transfer value …

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I’m completing a form to transfer funds in, what reference number should I use on the form?

  Please provide your customer or policy number for the fund you wish to transfer in.

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Why do I need to sign a declaration when transferring my funds?

  This is to confirm you’re aware of the risks in transferring your pension funds. The declaration should be signed …

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What’s Origo Options?

  Origo Options is an electronic platform which enables organisations across the industry to carry out pension and asset transfers. …

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Does B&CE use the Origo online system for processing pension transfers?

  Yes, B&CE is one of over 80 UK financial providers that uses Origo to process certain types of transfers.

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Can I transfer my pension pot from another pension scheme to The People’s Pension and then immediately access this as a lump sum?

  This may be possible, please contact us to discuss your options.

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Can I transfer my existing pension pot with The People’s Pension to another provider and then continue to build up contributions into my pot?

  Yes, we’ll need to confirm with you that this is what you want to do.

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Can part of my pension pot with The People’s Pension be transferred out to another provider?

  No, we’re unable to process partial transfers out – 100% of your pot must be transferred.

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Can part of my pension pot with another provider be transferred into The People’s Pension?

  As long as the transfer meets all our normal requirements and it only includes uncrystallised funds, then we can …

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