Your guide to pension consolidation: The pros and cons you need to know

Do you have multiple pensions? In some cases, consolidating them could be beneficial. Pension consolidation is when you combine two or more pensions into a single pot. You may decide to do this as you approach retirement or during your working life for a variety of reasons.

Download and read our guide below to discover why consolidating your pension could make sense, as well as the reasons why it may not be right for you.


Please note: This guide is for general information only and does not constitute advice. The information is aimed at retail clients only.

A pension is a long-term investment, the value of your investment and the income from it may go down as well as up. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.

Past performance is not a reliable indicator of future results. The tax implications of pension withdrawals will be based on your individual circumstances.

Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts.

HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes, which cannot be foreseen.

The parents’ guide to paying for university and student loans

The most important money concept that Daniel Kahneman taught us

0207 205 4400
45 Albemarle Street,
3rd Floor,