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Moving your pension

Over your working life, you may build up savings in several pension pots. Bringing them together could reduce the number of pension pots that you need to manage. You may also benefit from lower charges, a wider investment choice and greater retirement flexibility.

It’s important to understand that pension transfers are a complex area and may not be suitable for everyone. Before going ahead with a pension transfer, we strongly recommend that you undertake a full comparison of the benefits, charges and features offered. Including any exit charges, terminal bonuses or protected tax free cash entitlements. You can find out more by reading our transfer factsheet and should speak to an authorised financial adviser if you are unsure about proceeding.

Did you know?

If you’ve worked for more than one employer, it’s likely you’ve got more than one workplace pension. That can be a lot to keep track of so make sure to list all your retirement savings sources, even those you may have forgotten about. You can track down any previous personal or workplace pensions using the government’s free Pension Tracing Service.


Common questions about moving pensions

Will I lose any valuable benefits if I move my pension?
Will a transfer affect the age I can start taking money from my pension?
Will there be any exit fees?
How could a transfer affect my investments?

Transferring your other pensions into your Fidelity Workplace Pension

If you have pensions from previous employers, you can transfer these and any other personal pensions you may have to Fidelity. Provided that the rules of your current plan allow transfers, you may be able to move the following types of pensions into your Fidelity Workplace Pension

  • Self-invested personal pensions (SIPP)
  • Stakeholder pensions
  • Defined contribution occupational schemes
  • Free-standing additional voluntary contribution plans (FSAVS)
  • Section 32 (buyout) plans
  • Defined benefit schemes (for example final salary pension schemes)

Before you decide to move your pension

You should always check whether your pension offers guarantees or special benefits that you’d lose if you transfer.

If your pension offers what is known as ‘safeguarded benefits’, such as a guaranteed income or a pension that is based on your salary, you’ll need to give us confirmation that an authorised financial adviser has told you the transfer would be in your best interests. 

If your pension offers certain other types of benefit, such as a lower pension age or guaranteed investment returns, we may contact you for more information before we’ll accept your transfer.  

For more information about transferring a pension that offers special benefits, call us on 0800 3 68 68 68.

Benefits of transferring your pension



Change your savings and investments when you want



Manage your pensions quickly and easily all in one place


Trusted experts

More than 1 million UK customers entrust their workplace pension savings to Fidelity.*

*Source: Fidelity July 2023

Beware of pension fraud

After your house, your pension could be the single biggest asset you have. Unfortunately, this makes it a target for scams. There are lots out there, and some can seem very convincing, but the usual rules of thumb apply. If something seems too good to be true, it probably is and you should never act on anything without checking it thoroughly first (particularly when someone contacts you without you asking them to). Learn about the common threats to your financial security, discover what we’re doing to keep you safe and find out where to get help if you need it.

How to move a pension to your Fidelity Workplace pension

We know consolidating pensions can be confusing. If you want to think about bringing your pensions together into your Fidelity pension plan, we are here to help every step of the way. Once you have made the decision to transfer, the easiest and quickest way to request a transfer is to apply online, but some plans may only allow paper applications.

Easily transfer your pension on Planviewer

If you decide that moving your pension is right for you, you can now transfer a pension into your Fidelity workplace pension online by logging into PlanViewer.

Log into PlanViewer

Leaving a job

If you are leaving, or have left a job that had a Fidelity Workplace Pension, there are three options to consider:

Leave your Fidelity pension with us

If you are moving or have moved to a new employer, you can leave your pension with us and it will remain invested. If you are now self-employed you may be able to continue contributing to your Fidelity Workplace Pension and get tax relief although the way this will be applied will depend on the type of scheme you are in.

Transfer your Fidelity pension to another provider

If you are considering moving your pension to another provider, it’s worth reviewing the different features of each provider. If you’ve decided that moving your pension away from Fidelity is the right thing to do, contact your new provider for the next steps.

Move your pension into a Fidelity SIPP

You may want to consider moving your Workplace Pension into a Fidelity SIPP (Self Invested Personal Pension).

With a SIPP you have the flexibility to transfer your entire pension, a proportion of it and make additional lump sum payments whenever you like. This is subject to your specific circumstances and pension scheme rules.

If you are looking to access benefits following your transfer, such as withdrawing a tax-free lump sum, purchasing an annuity, or using pension drawdown to withdraw money from your pension as a lump sum or regular income, you are eligible for Pension Wise guidance. Pension Wise is a free government-backed service provided by MoneyHelper which helps you understand how you can take money from your pension pot. Further information on Pension Wise, including how to book an appointment, can be found within our transfer application form or by visiting

Transfer your pension today


Transfer online

Log in to see if your plan accepts transfers, then apply online.


Transfer by post

Print out a form and send it to us with your transfer details.


Call us

We’re here if you need any help or information.