Why combine your pensions?
Track your goals more easily
It can be easier to see how much you've saved for retirement, and if you're on track for your goals.
Plan charges
Different plans have different charges. Moving to a plan with lower charges could save you money.
Things to look out for before transferring
Here are a few things to consider before deciding on whether to transfer your pensions:
Valuable features and benefits
You should check your existing plan for benefits like a Guaranteed Annuity Rate, loyalty bonuses or protected tax free cash. They could be lost if you transfer.
Compare your charges
On your existing plan(s) and your Royal London plan.
No guarantee of a bigger pot
Combining your pensions doesn't mean you'll necessarily get a higher income or bigger pension pot.
Transferring your pensions into one plan may not be right for you. You can get more information from MoneyHelper and if you're unsure you should speak to a financial adviser.
For more information on the things to consider before transferring, you can read our guide on three things you need to think about when transferring pensions.
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Our mutuality means we're customer-owned, so you could get a share of our profits when we do well.
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Our Governed Range is actively managed by investment experts offering ready-made investment options designed for wherever you are on your retirement journey.
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Our Purpose focuses on supporting you and society, aiming to deliver positive outcomes for the world around us.
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5 Star rated Workplace and Personal pensions.
What you'll need before transferring
Find your other pensions
If you're unsure who your other pensions are with, use the Government's free Pension Tracing Service. You can also read our guide to tracking down your lost pensions.
Get your plan numbers
We'll need the plan numbers of the pensions you'd like to transfer as well as your Royal London plan number.
Your pension transfer value
This is the amount that can be transferred over from your other pension(s) into your Royal London plan. You can also confirm this by speaking to your other provider(s) or using the tracing service.