Existing customers

This section looks at the possibility of consolidating your existing investments. We also introduce Retiready, the online platform where you can view all your investments in one place.

Pension consolidation

More and more of us are switching jobs several times in our lives. This means that our pension funds are often scattered about, which can make it hard to get a complete picture of our savings or how on track we are for retirement. Moving your retirement savings into one pot, in one place, can help you take control.

Consolidating your retirement savings could bring clarity and convenience, puts you firmly in control and cuts down on paperwork. It might even save you money by avoiding multiple charges.

You should be comfortable with the investment choices that you make as you may lose features, protections, guarantees or other benefits when you transfer. If you’re not sure, you should get financial advice - there may be a charge for this.

A transfer for consolidation purposes is from one capital at risk pension product to another – so the value of your investments after any consolidation can still fall as well as rise and the final value of your consolidated pension pots may be less than paid in.

Any new funds you move your money into will have their own set of risks that will be detailed in the fund information that will be available to you.

Retiready

How good would it feel to be able to monitor and take control of all your retirement savings in one place? Retiready lets you do exactly that. You may be able to consolidate existing pension funds or ISAs into your Retiready pension or Retiready ISA, leaving you with just one easy to manage retirement plan.

Watch our video to discover more about Retiready.

You should be comfortable with the investment choices that you make as you may lose features, protections, guarantees or other benefits when you transfer. If you’re not sure, you should get financial advice - there may be a charge for this.

The following video is about Get your Retiready Retirement readiness score and has a transcript (see below).

A transfer for consolidation purposes could be from one capital at risk stocks and shares ISA to another – so the value of your investments after any consolidation can still fall as well as rise and you may get back less than you invest.

Alternatively, the transfer could be from a cash ISA to our stocks and shares ISA. In this scenario you need to be aware that you’re transferring between two very different products.

Unlike money held on deposit as it is in a cash ISA, your money in a stocks and shares ISA is at risk; its value could fall as well as rise and you could get back less than you put in – so although our stocks and shares ISA has no fixed term, you should be prepared to hold your investment for at least five years – ideally longer.

Any new funds you move your money into will have their own set of risks that will be detailed in the fund information that will be available to you.