How do I transfer a pension to Virgin Money?
Moving a pension is easier than it sounds.
First, it’s a good idea to make sure that transferring is the right decision for you.
Once you’re sure, go to your account overview in Online Service and select ‘Transfer a pension to us’, then follow the on-screen instructions.
We’ll ask you for your provider’s details, your plan or policy reference and the amount you’d like to transfer.
We’ll ask you to sign your form with a digital signature. Some providers don’t accept digital signatures, so if yours doesn’t we’ll get back in touch to ask you to sign and return your transfer form by post.
Just to let you know, there are some types of pension we can’t transfer. These include pensions with:
- A guaranteed annuity rate
- Safeguarded benefits or guarantees
- Payments already taken from them
- Defined benefits (public or private sector)
If you opened your account before 1 January 2023
If you’d like to transfer a pension to us but you don’t use Online Service, give us a call and we’ll be happy to help.