With most people moving jobs every few years, opting for a pension transfer could be beneficial if you have several pension pots you’re struggling to keep track of. The thought of pension admin may not fill you with joy, but assessing your finances and planning for the future will allow you to maximise the fruits of your working career and enjoy the best possible retirement. A key consideration is to assess your different pension pots and understand whether you would be better off transferring a pension to a different provider, or even consolidating your pensions into one plan. However, you’ll also need to weigh up any exit fees you might be charged, and the prospect of losing benefits from your old scheme. Here, Telegraph Money explains how you can transfer your pension as well as the considerations you need to take ahead of making any decision. This guide will cover: Is transferring a pension a good idea? What should you consider? Pros and cons of transferring a pension How to move your pension Do you need financial advice to do this? FAQs You’ll need to weigh up a lot of variables, including your own personal circumstances, when deciding whether transferring...