Making sure Wealthify is right for your Pension

Transferring to Wealthify is simple, but to ensure you’re getting a pension that’s right for you, there are a few things to check before you transfer:

✓ Fees: Please understand how your current fees compare with ours.

✓ Charges: Check to see whether your existing pension provider has an exit charge. We don’t charge you for transferring to or from Wealthify.

✓ Benefits: Check you won't lose features such as loyalty bonuses.

ⓘ You can usually find this information on your existing statements, online account, or over the phone

• In your interest, we can't accept transfers of pensions with safeguarded benefits such as Defined Benefit pensions, those with a guaranteed income, or those where you can get more than your 25% of your pension pot as tax free cash.
• We can’t accept most transfers of pensions with a Protected Pension Age, the only exception being pensions with a protected Normal Minimum Pension Age (NMPA) of 55 or 56.
• We also can’t accept transfers from pensions you’re already taking an income from.

When transferring, your existing pension investments are sold and transferred as cash. Meaning for a time your pension will be 'out of the market' before being reinvested by our Experts in a Wealthify Plan.

Combining two or more pensions doesn’t guarantee more money in retirement and investment performance is never guaranteed.