Pension transfers explained
- The advantages and pitfalls of switching pension provider
- How paying for pension transfer advice by commission could slash your retirement income
- The true cost of taking your pension early
- Why you should avoid pension unlocking companies
What's in this guide
Advantages of switching pension provider
Transferring your pension fund to a new provider could cut the fees you pay
Pension transfer pitfalls
Transferring to a new pension fund provider without taking advice could mean you lose valuable benefits
Fees versus commission
Paying for financial advice by commission could knock thousands off your investments
Pension unlocking
Accessing your pension fund early can be expensive in the long-term
