You may be able to transfer the value of your pension to another occupational pension scheme, personal pension, stakeholder pension scheme or a buy-out insurance policy.
If you are thinking of transferring your benefits, particularly to a personal pension or money purchase arrangement, you may be required to take independent financial advice on transfers and pension scams guidance. You should beware of unauthorised companies. More information can be found on our Freedom & Choice page or on the following websites:
- MoneyHelper – Book an appointment with the Pension Wise free advice service
- MoneyHelper – Transferring your pension
- The Pensions Regulator – dangers of pensions scams