Transfer Your Pension
Understand your pension transfer options with clear, no-fee advice that helps you make an informed decision about your retirement savings.
30+ Years’ Experience
Nationwide Service
Transferring your pension doesn’t have to be difficult
Changing jobs, starting a business or reviewing older pension arrangements can leave you with pensions in different places.
You may be considering whether to leave an old pension where it is, transfer it to another arrangement or bring existing pensions together.
At Covermore, we help you understand your options, what may be involved and the factors you should consider before making a decision.
A pension transfer is not automatically the right choice for everyone. The right approach will depend on the type of pension you have, its features, charges, benefits, investment options and your retirement plans.
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Raphael Ihuoma.
I highly recommend Nigel and Covermore Insurance to anyone looking for reliable coverage and top-tier customer service.
What really stood out was the level of care and dedication he showed nothing was too much trouble, every question was answered promptly, and we always felt completely supported. It’s rare to come across someone so knowledgeable and genuinely committed to getting the best result for their clients.
Thanks to Barry, what could have been a stressful process was handled smoothly and with total confidence. We can’t recommend Covermore highly enough.
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Emilia was incredibly knowledgeable, patient, and supportive. She took the time to understand my needs and guided me through the mortgage process with clarity and confidence Her professionalism and attention to detail made the entire experience smooth and stress-free.
I wholeheartedly recommend Emilia and the team at Covermore Financial to anyone seeking reliable and expert financial or mortgage services. They go above and beyond for their clients, and I couldn’t be happier with the outcome.
When people consider
transferring a pension
You have changed jobs
Leaving employment can mean you have a pension from a previous workplace that you need to consider as part of your wider retirement planning.
You have more than one pension
Multiple pensions can make it harder to see the full picture of your retirement savings.
You are self-employed
If you have moved from employment into self-employment, you may want to review older workplace pensions alongside your current retirement plans.
You want a clearer view of your retirement savings
A pension transfer may be considered where you want to simplify your arrangements or better understand how your pensions fit together.
You are reviewing an older pension arrangement
Older pension arrangements may have different benefits, charges, investment options or retirement features that need to be understood before any decision is made.
No-fee financial advice.
30+ Years of Experience.
Long-term support.
Clear guidance.
What to consider before transferring a pension
Transferring a pension can be an important decision, particularly where valuable benefits, charges or retirement options may be involved.
Before transferring, consider your retirement goals, the benefits available in your existing scheme, fees, investment choices, tax considerations and whether you may need access to your pension in the future.
The type of pension you have
Different pension arrangements can have different rules, benefits and transfer options. It is important to understand exactly what you hold before considering a transfer.
Valuable benefits or guarantees
Some older pension arrangements may include valuable features, guarantees or benefits that could be affected if you transfer.
Charges and costs
Charges, fees and investment options can vary between pension arrangements. It is important to consider the long-term impact of any changes.
Your retirement plans
Your expected retirement age, income goals, wider savings and future plans can all affect whether a transfer may be suitable.
Your investment approach
A pension transfer may involve different investment options or a different level of risk. We help you understand how this could fit with your attitude to risk and retirement timeframe.
How Covermore can help with Pension Transfers
At Covermore, we believe good advice starts with a proper conversation. We take the time to understand your life, your concerns, your goals and what you already have in place.
Then we help you identify what may need attention now, what can wait, and what your next smart financial decision should be.
Financial planning should not feel intimidating.
Understand what you have
We start by helping you identify your existing pension arrangements and understand what information may be needed.
Review your transfer options
We explain the potential options available and whether leaving your pension where it is, transferring it or considering another arrangement may be worth exploring.
Explain the important considerations
We help you understand the possible benefits, risks, charges and features that should be reviewed before making a decision.
Consider your long-term plans
We look at your transfer options in the context of your retirement goals, income, family, savings and wider financial plan.
We have partnered up with Ireland’s leading Life Insurance providers & Mortgage lenders
Advice based on your situation
Your pension should be reviewed as your income, goals and circumstances change.
We take the time to understand your existing arrangements, explain your options clearly and help you make informed decisions for your future.
I have a pension from a previous job
We can help you understand what you have in place and whether any action may be worth considering.
I have multiple pensions
We can help you build a clearer picture of your pension arrangements and consider how they fit together.
I am self-employed now
We can help you review older workplace pensions alongside your current pension and retirement plans.
I am a company director
We can help you consider existing pensions alongside your wider personal and business financial strategy.
I am approaching retirement
We can help you understand your existing pension arrangements and the factors to consider before making any changes.
I am not sure whether I should transfer
That is completely normal. We can help you understand what you have and identify what may make sense next.
What to prepare before speaking to an advisor
It can be useful to have a general understanding of:
The names of any previous employers
Any pension provider or scheme details you have
Recent pension statements, where available
Your current employment or self-employed position
Your current pension arrangements and contributions
Do not worry if you do not have every detail ready. We can help you understand what information may be needed.
Not sure what financial step to take next?
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Do Covermore charge a fee for financial advice?
Covermore provides no-fee financial advice consultations. We will explain how the process works clearly before you make any decision.
Do I need to know what service I need before contacting you?
No. Many clients come to us because they are not sure what they need. We can help you understand whether your next step relates to your mortgage, protection, pension, savings, investments or wider financial planning.
Can Covermore help if I already have policies or pensions in place?
Yes. We can review what you already have and help you understand whether it still suits your life, goals and current circumstances.
Do you only work with clients in Dublin?
Covermore is based in Dublin, but we work with clients nationwide.
Can you help business owners and company directors?
Yes. We work with business owners, sole traders, partnerships and company directors on pensions, protection, savings, investment planning and broader financial advice.