Five issues to consider before consolidating pension pots
By Robbie Lawther, 2 Sep 19
Industry changes have made it natural to want to ‘tidy things up’ into one pot – but is it a good idea?
Click on the gallery below to find out why Royal London’s Steve Webb believes you should seek advice first.
Avoid penalties
![Avoid penalties]()
3. Paying ‘exit penalties’ when combining pension pots.
While modern pension policies can generally be merged without penalty, savers can face exit charges if they want to take money out of older policies.
Tags: Consolidation | Pension | Royal London
