What about retirement savings I have built up with previous employers?
If you have retirement savings built up with a previous employer, you can:
- Transfer the value of your existing retirement savings. Transfers are complicated, so if you're thinking of doing this you must talk to a financial adviser to make sure it's in your best interests.
- Contribute to both arrangements, so long as you don't exceed the Annual Allowance.
- Stop making contributions and leave the plan invested.