Pension transfers

Depending on what type of pensions you have, consolidating them into a Scottish Widows pension could have a number of benefits for you.


Introducing your pension options

The advantages and disadvantages of combining your pensions into one pot and how to use the online service

Consolidating your pensions into one pot

It’s simple.

Consolidating your pension means fewer statements to keep an eye on, fewer and potentially lower management charges.

We won’t charge you to use our service.

We don't charge to transfer your other pension to us.

Peace of mind.

Your pension pot will be looked after by one of the largest pension providers in the UK who’ve been looking after people’s financial futures for over 200 years.

Who can transfer their pensions in?

Scottish Widows Workplace Pension customers

Also known as Group Personal Pension or Group Stakeholder Pension – which your employer is paying contributions into.

Get started

Scottish Widows Retirement Account customers

If you already have a Retirement Account with Scottish Widows.

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Other types Of Scottish Widows pension customers

Including a pension that your employer is no longer paying into.

How to transfer

I am new To Scottish Widows

If you don't have a Scottish Widows pension but would like to know more.

How to transfer

What type of pensions can be transferred in?


Not all pension types qualify to be transferred into a Scottish Widows pension using this service. For your pension to qualify it must:

  • NOT be a defined benefit (sometimes called a 'final salary') pension and not have certain types of guarantees
  • NOT be part of a block transfer
  • NOT be the result of a pension sharing order
  • NOT be currently receiving contributions from your employer
  • NOT already be in drawdown
  • NOT be from an overseas pension scheme
  • For your pension to qualify it must be transferred in full (i.e it must not be a partial transfer).

Unsure if your pension qualifies?

If you are unsure whether you can transfer, read our frequently asked questions.

Read FAQs

The online transfer process

You can only use our online transfer process if you already have a Workplace Pension or Retirement Account with Scottish Widows.

Things to consider

  • Features and benefits
  • Investments
  • Charges
  • Compare pensions
Things to consider

Get ready to transfer

  • Everything you need to know about the transfer
  • Use our templates to get the right information from your provider
Get Ready

Transfer your pension

  • Make sure you've completed steps 1 and 2
  • Use our secure online form to make the transfer
Transfer online

Important legal information

Please note that we are not offering financial advice. This service is designed to provide you with the information that you need to make an informed choice. If you decide to move any of your pension pots, they will be transferred on a non-advised basis. This means that you are responsible for making sure that this is the right thing for you to do – and if you are unsure you should speak to a financial adviser.

Pensions are a long-term investment. The retirement benefits you receive from your pension plan will depend on a number of factors including the value of your plan when you decide to take your benefits which isn't guaranteed, and can go down as well as up. The value of your plan could fall below the amount(s) paid in.