Next, we’ll help you find out if you can transfer online. We accept most, but not all pensions. Here, we check that we can accept the pensions you’d like to move to Scottish Widows.
This section explains
For some types of pension, you’d have to speak to an independent financial adviser if you want to transfer. These include when:
If an employer, or someone other than you, is paying into your pension, you won’t be able to transfer online to Scottish Widows.
You can find out about these in your policy documents, or by speaking to your provider or scheme administrator.
Why we can’t accept pensions with guarantees
Some pensions come with extra guarantees. These can be valuable, and you’d lose them when you transfer. That's why we don’t accept pensions with guarantees such as:
These features can’t be transferred online. You can talk to an independent financial adviser if you’d like to transfer one of these.
If your pension scheme is run by trustees
If you have a pension which was set up by your employer, it might be managed by trustees. If so, you will need to get permission from these trustees before you transfer to us.
If you’re not sure if your pension is run by trustees, check your policy or scheme documents, or contact your scheme administrator.
If you’d like to know more, you can read more about any of these points in our guide section.
This information is not the same thing as advice.
Read more about advice and find out which type might be right for you.
Questions we're often asked
If the value of the pensions you’d like to combine is at least £10,000, you may be able to set up a new pension with us. We call this a Scottish Widows Retirement Account.
You can read more about our pension here.
You can transfer most pensions to us online, but not all. Common reasons we can’t accept a pension include:
For more about pensions we can accept, read our guide.