Pension Consolidation
Consolidate your pensions into one easy-to-manage pot.
✓ Fee-free consolidation: We won’t charge you for transferring to or from a Wealthify Personal pension, but always check if your existing pension provider has an exit charge.
✓ Track your progress: See all your retirement savings in one place, making it easier to know if you're on track for the retirement you want.
✓ More investment options: Have more control over where your money is invested with Wealthify's range of Original and Ethical investment Plans.
Minimum £1000 deposit. With investing, your capital is at risk. The tax treatment of your investment will depend on your individual circumstances and can change.
How to consolidate your pensions
Ready to find and combine pensions? Transfer one at a time — or add multiple pots if you want to combine more.
Set up your new Pension
Create your account, tell us some details about yourself and your pension(s), then answer some suitability questions so we can find your ideal investment style.
Tell us about your provider
This includes your existing pension provider’s name, account reference number, and approximate value of the pension you’d like to transfer to Wealthify.
We transfer everything for you
Once you’ve authorised the transfer, we’ll contact your existing provider, before transferring your pension's current cash value into your new Wealthify Pension.
We build and manage your pension
Our team of investment experts build your Pension Plan for you, monitoring and optimising its performance to keep your retirement goals on track.
Why consolidate my pensions?
Wondering “should I consolidate my pensions?” Here are some of the potential benefits:
✓ Simplicity: Instead of multiple accounts and paperwork to keep on top of, there’s only one pot to manage — which can be easily done through our app.
✓ Visibility: If you have multiple pensions, they can quickly be forgotten. Having them together means you won’t lose sight, with a clear view of your total pension savings in one place.
✓ Potential cost savings: We don't charge transfer fees, and our SIPP annual management fee is just 0.6% for balances below £100,000 (dropping to 0.3% above that). Investment costs also apply.
✓ Expert management: Our team of experts build your Pension based on your preferences, with ongoing monitoring helping to keep performance on track.
✓ Award-winning: We’ve won Best Private Pension at the 2025 Good Money Guide Awards, and Best Pension Provider (Small Portfolio) at the 2026 YourMoney.com Investment Awards.
✓ Better control: With Wealthify, it’s easy to adjust your contributions, change your investment style, and check your performance via our in-app or online dashboard.
Our awards
Pension pot calculator
Not sure if you should consolidate pensions? See how much your combined pot could grow by retirement with this handy tool.
Our free pension pot calculator will give you an idea of how much you could end up with based on your contributions and expected retirement age. You can even play around with different figures to see how this affects your projected value.
With investing, your capital is at risk. The tax treatment of your investment will depend on your individual circumstances and may change in the future.
Read our pension consolidation guide
Consolidating pensions may seem complicated at first, so we’ve created this useful guide to give you information on:
- What pension consolidation is.
- The benefits of consolidating your pensions.
- Important things to consider before consolidating your pensions.
- The benefits of consolidating your pensions.
- Important things to consider before consolidating your pensions.
This guide doesn't offer personal advice, speak to a financial adviser if you're unsure about whether investing is right for you.
Our reviews
Pension blogs
Everything you need to know about your pension allowance
How Does a SIPP Work?
How to find old pensions: pension tracing made easy
5 reasons to pay into a SIPP (Self-Invested Personal Pension)
What is a good pension pot?
Should I transfer my pension? The complete guide to transferring pensions
How to get the most out of your pension
The Benefits of a SIPP (Self-Invested Personal Pension)
Can I Transfer My Old Workplace Pension to a SIPP?
Should I transfer my pension?
Can I have a SIPP and a workplace pension?
Approaches to Managing Your Pension Pot in Retirement
Why Choose Wealthify for Your SIPP?
Pension consolidation FAQs
One of the easiest ways to trace old pensions is to use the government’s online Pension Tracing Service.
To use this service, you’ll need either the name of an employer or pension provider, as it can’t tell you whether you actually have a pension, or its value.
Once you’ve agreed to the service’s declaration, it’s then just a matter of answering a few simple 'yes’ or ‘no’ questions, including:
- Are you looking for an NHS, civil service, teacher or armed services pension?
- What type of pension are you looking for?
- Do you know the name of the employer, who set up your workplace pension?
- Do you know the name of your workplace pension scheme?
If you’re looking to claim the pension of someone who’s passed away, you’ll need to start by contacting the provider or, in the case of a workplace pension, the employer. If you can’t find the pension but believe the person might have had one, you can use the government’s Pension Tracing Service to help, too.
You can transfer most types of pensions to Wealthify, apart from:
- Pensions with a defined benefit (DB), guaranteed annuity rate (GAR), guaranteed minimum pension (GMP), or final salary promise;
- Pensions with protected benefits such as Protected Tax-Free Cash, or Protected Pension Age;
- Pensions you’re already taking an income from;
- Overseas pensions, including Qualifying Recognised Overseas Pension Schemes (QROPS);
- Crystallised plans.
Please note we can only accept defined contribution plans that have no safeguarded benefits or guarantees.
No, unfortunately, we’re not able to accept pensions that are already in payment or if you’ve already taken income from.