People move their pensions for many reasons. Older defined contribution pensions tend to have much higher charges than new pensions. Older pensions may not have the flexible access features you want when you get to retirement. Your existing pensions may not be invested in a way that is consistent with your retirement goals or may be invested with underperforming fund managers. Many people want the convenience of consolidating several pensions and the peace of mind of ongoing impartial investment advice.

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