Reasons to choose Nest

Transferring your other pots into Nest means you benefit from:

• Our award-winning investment approach
• One total balance for all your pension savings, making it easier to see if you’re on track for retirement 
• A pot for life. You’ll keep the same retirement pot with the same account and password, however many times you change jobs
• Keeping your money safe in a government-scheme that’s rated 5 Stars by Defaqto
• Zero cost to transfer into Nest unless your other provider has a charge, and with your pots in one place you’ll benefit from one simple annual management charge of 0.3%.

Thousands of members choose to transfer their other pots into Nest every month. To see why they trust us with their savings, explore all the benefits of saving with Nest.

Can I transfer my pension into Nest?

We can only accept transfers from a UK based pension scheme through pension or credit transfers, early leaver cash transfers and transfers from defined contribution schemes. We can’t accept disqualifying pension credit or transfers from a defined benefit scheme.

How do I transfer money into Nest?

It’s usually quick and simple to transfer your pension savings. Just give us the details of your other scheme and we’ll handle the rest.

The easiest way to get started is by logging in to your Nest account. All you need to know is:

• Your other pension provider’s name and address
• Your policy number
• An estimate of how much is in your other pot

Is transferring my savings the right choice for me?

Everyone’s circumstances are different. Before you transfer, please make sure to:

• Look at any costs and charges your other provider might charge
• Think about taking independent financial advice or contacting an independent organisation like the Pensions Advisory Service

For more information, read our guide on Things to consider when moving your money into Nest (pdf)

Transfers and coronavirus

Coronavirus has affected investments around the world. See how this could impact transfers and your pension savings by reading Coronavirus and the markets.

Transfer your savings out of Nest

If you decide to transfer your savings out of Nest, we’ll make this process as simple as possible and we won’t charge you a penny. Learn more about transferring your savings out of Nest.

Last updated: 12/20