A pension is a long-term investment. Its value can go down as well as up and could be worth less than was paid in.
Transferring other pension plans will not be right for everyone, you’ll need to consider all the facts and decide if it’s right for you. You could lose money by giving up any guarantees or benefits you might get from your other pension plans. There’s no guarantee that you’ll get more as a result of transferring.
Have everything in one place and feel more in control of your future
With an Active Money Personal Pension (AMPP), you can transfer your other pension plans in and manage all your pension savings in one place. This could make it easier and cheaper to prepare for retirement.
One simple pension plan
Bringing your pension plans together could make it easier and cheaper to prepare for retirement.
Easy online management
See where you're invested online and through the app. Start, stop or change your payments at anytime.
Flexible investment options
Our ready-made options make investing easy, now and in the future. Or you can pick your own.
Easy access to your money
When you need it from age 55 (57 from 6 April 2028), we'll aim to make the payment to you within 5 working days.
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The decision to transfer is yours. If you're unsure about transferring you should seek financial advice. You can also access free impartial guidance from MoneyHelper.
Our pension transfer guide has more information to help you decide if a transfer is right for you.
There are two ways to invest with us, either we can do it for you through a ready-made option, the Sustainable Multi Asset Universal Strategic Lifestyle Profile, or if you would prefer you can choose your own investments from a wide range of investment option.
You can choose your own investments from a choice of over 300 investment options, if you have the knowledge and confidence to do so and the time to review your investments regularly - See full fund range.
You can switch your investments at any time if your plans change. It's a good idea to regularly review your investment choices to make sure they remain on track to meet your goals.
We've helped millions of customers prepare for the future they want in retirement for almost 200 years
Sustainability is at the heart of our business
Giving you the option to invest in a responsible and sustainable way
UK based call centres
Our experts can talk you through your options
We're one of the highest-rated personal pensions on the market
Millions of customers trust us with their investments. Our Active Money Personal Pension has been awarded 5 stars by the experts at independent research company Defaqto – the highest rating in the industry.
Frequently asked questions
When you combine your pensions you bring all of your pensions together into one pot. Throughout your working life it’s likely you’ll have worked for several employers, and each new employer is obligated to provide you with a workplace pension. Or if you’re self-employed you may have started personal pensions for yourself. This means you could have multiple pots with different pension providers.
Combining won't be right for everyone. If you're unsure whether it’s right for you, you should get financial advice. In some cases, you may have to take professional advice before you move a pension plan, to make sure you understand all the implications.
If you want to use a financial adviser, you should always make sure they're authorised by the Financial Conduct Authority (FCA).
There’s no charge from us to bring your pensions together, but you may be charged by your other pension providers. Every pension plan has its own set of charges and you may find that you can save some money by only having one set of fees. Charges aren't transferable from your old plan which means you might pay more in your new plan. It's important to compare charges. Charges are not guaranteed and can change in the future.
Yes, you’ll get tax relief on your savings, so your pension payments may cost you less than you think. For basic-rate taxpayers, you’ll get a 20% boost on your pension payments from the government. So paying in £100 will only cost you £80. And if you’re a higher-rate or additional-rate taxpayer this could be even more. Laws and tax rules may change in the future. Your own circumstances and where you live in the UK will also have an impact on tax treatment.
Yes, all you need is the name of your pension provider, your pension plan number and an approximate value. All of these should be on a recent statement. If you can’t find a policy number than you can find the contact details for a workplace or personal pension scheme at gov.uk.
You can start an AMPP with us from just £1.
No, when you apply you can just list the pensions you’d like to transfer and we’ll do the rest. You can add more pensions in the future too.
Learn more about combining your pensions
How to find old or lost pensions
Lost track of your old pension plans? Find out how to find them.
