Investment returns aren't guaranteed. The value of your investment can go down as well as up and may be worth less than what was paid in.

Keeping track of multiple pension plans can be tricky. With a pension transfer, you may have the option to combine all your pension plans into one single plan.

Important things you should know

Transferring pensions isn’t for everyone. There are a few things you should think about to help decide if it’s the right choice for you:

  • Benefits and guarantees
    Your existing pension plan may give you benefits or guarantees that the new plan might not offer
  • Charges and choices
    The charges may differ between pension plans, and there may be different investment options available
  • Your current situation
    If you’re in poor health, it might not be a good idea to transfer, as the pension plan could be liable for inheritance tax if you die within two years of transferring

Remember, you can speak to a financial adviser if you’re unsure about pension transfers. There’s likely to be a cost for advice. 

To find out more on pension transfers you can also visit the Governments Money Helper website.



Transferring a pension

If you have decided you want to transfer your pension you can do so with any of your providers. To transfer a pension into your Standard Life plan you can do this online or over the phone.

Already registered?

Log in and select ‘combine your pensions’.                                                                          

Log in

Not registered?

You’ll need to register first. It’s simple, all you’ll need is your plan number to get started.


Call us on 0345 606 0098 if you require any further help or support.
Call charges may vary.