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.
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 brings clarity and convenience, puts you firmly in control and cuts down on paperwork. It might even save you money by avoiding multiple charges.
The value of an investment, and any income from it, can fall as well as rise and isn’t guaranteed. You could get back less than you originally invested.
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.