Yes, you can transfer other DC pensions into your DC pot.
Find out more information on L&G’s website on the ‘Getting your pensions into one place’ pages. Or log in to L&G’s secure online member portal, Manage Your Account, and click on ‘transfer in other pensions’.
Is transferring your pensions the right decision for you?
You should read L&G’s guide to pension transfers before you decide to transfer.
If you no longer work at the Partnership, you can choose to transfer your pension pot to another pension arrangement. You’ll need to contact Legal & General (L&G) who’ll send you a transfer out pack.
If you’re a member of both the DB and DC sections of the Scheme and would like to transfer your DC pension pot out, please contact XPS to start the transfer out process
You’re likely to be a member of the DB Section of the Scheme if you worked at the Partnership before 1 April 2015. XPS is the administrator of the DB Section.
The DB Section closed on 1 April 2020 and therefore members who joined the Partnership after 1 April 2015 will only have a Defined Contribution pension pot.
This is where you can find information about your current pension if you’re a Partner now, or were a Partner after 1 April 2015. The Defined Contribution pages are probably the most important for you.
Members who joined the Partnership before 1 April 2015 may also hold DC pension pots with Prudential or Legal and General, as well as a Defined Benefit Pension in the Scheme. We previously referred to this as Hybrid or Dual Benefit. This is because you may have joined the DC Section of the Scheme when you started working at the Partnership and then, after a defined waiting period (which depends on the date you joined the Partnership), you would have become eligible to join the DB Section.
The DB Section closed on 1 April 2020 and therefore members who joined after 1 April 2015 will only have a DC Section pension pot.
