What if I want to use the service for other pensions?

Our retirement service is not just restricted to your . If you have any other pensions you wish to take your benefits from please let us know. You may even be able to combine them all together, providing your pension scheme will allow you to do this.

What are the benefits?

• If your pension is held with an insurance company, you may be offered an annuity by them. Before you accept this, it's important to search the open market – the chances are that one of the annuity providers on the Hargreaves Lansdown panel of twelve can offer you a better deal. You should also check for any guarantees that might apply to your pension or whether there are any penalties.
• Once purchased, an annuity cannot normally be amended or cancelled – it is therefore vital you ensure you get the best deal available at the time – Hargreaves Lansdown can help you with this.
• We'll take care of all the paperwork for you and provide you with all the information and help you need to make your own informed decisions.
• If you have a query, you can talk to one of our retirement experts who will explain things in simple, jargon-free terms.
• If you combine your pensions, taking benefits from one place is easy to manage. You may also benefit from more competitive annuity rates.

Before applying for your annuity, check the rate offered by your existing provider to make sure you are better off and won't lose any guarantees (such as guaranteed annuity rates) by shopping around.

If you want to combine other pensions then we will usually arrange the full transfer of your pension funds to your chosen annuity company. It will be a transfer out of the to an open market annuity therefore any fees would not be paid by the scheme.

We normally offer this service without advice. If you would prefer to take advice before proceeding we can arrange for you to speak to one of our financial advisers, who will agree a fee with you in advance.