Every year, many people combine the money they have saved in their pensions by transferring them into one new pension. There are many potential advantages to doing this:
There are also reasons not to transfer a pension. We strongly recommend talking to one of our financial advisers to find out if this important decision is right for you.
Combining your pensions is a big decision and our advisers can help in a number of ways.
Transferring isn't always the right thing to do. Our financial advisers are experts in this area and will let you know if it's right for you.
Speaking to one of our financial advisers will give you comfort that an expert has reviewed your finances and recommended what's best for you.
We'll create a financial plan that's tailored to your specific circumstances and your future goals.
We'll recommend the fund that is most suited to meeting your needs now and in the future
We'll talk to your existing providers, complete all the paperwork and set up your new pension for you.
If appropriate, we'll regularly review your pension and make any changes to keep it on track.
As with all investments, the value can go down as well as up and you may get back less than you put in. We provide our customers with financial advice using a carefully selected range of products from Prudential and other providers. This is known as restricted advice.
If you're thinking about combining your pensions, you may have a number of questions we can help with, such as:
There’s no charge for your first meeting with us and no pressure to proceed after speaking to us. If you decide to proceed with our recommendation then a charge would apply.
Your first meeting won't cost you a penny
Guarantee to provide you with a personal recommendation, at no cost*
We won't put pressure on you to take our advice recommendation
*charge only be payable if you choose to proceed with our recommendation
"M&G Wealth Advice” is a trading name of M&G Wealth Advice Limited which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 5739054. Authorised and regulated by the Financial Conduct Authority.