You can transfer money from any other pension schemes you might have
If you’ve got other pension savings from jobs you had in the past, you can transfer them to your NOW: Pensions account. This would bring your pensions together so they’re easier to manage, and it could help you save on fees too, and maximise your retirement benefits. 

How do I transfer an existing pension to my NOW: Pensions Trust (‘the Scheme’)?
If you want to transfer an existing pension or add a personal pension to your NOW: Pensions savings, please contact member support on 0330 100 3334 and ask to make a transfer.

We do not charge for transfers in or out of the Scheme.

Before transferring any pension savings, make sure you fully understand the implications. Consider speaking to a financial adviser.

Don’t get scammed out of your pension savings
Pension scams are on the increase. Every day criminals use sophisticated ways to con pension savers out of their money. Scammers will often start by offering a ‘pension review’ or a ‘one-off investment opportunity’. Eventually, this ‘offer’ will depend on you cashing in your savings and transferring them to a third party. As soon as this happens you could lose some or all your money. In addition, you may be liable for significant amounts of tax above the money you lose. You may also receive a lower pension income when you’re retired.

What you should watch out for:

      • Website promotions, cold-calls, text messages or adverts encouraging you to transfer your savings in order to access a cash payment or loan
      • Any contact about your pension from a person or a company you haven’t heard of
      • Offers to help you access your money before the age of 55
      • Salesmen with investment opportunities that they describe as ‘one-off’, ‘unique’ or ‘time-limited’
      • Phone calls or emails from people who claim to work for your bank or for a Government department.

If you’re not sure:

Check who you’re dealing with before changing your pension arrangements. Check the ScamSmart website or call 0800 111 6768 to see if the firm or person you’re dealing with is authorised by the Financial Conduct Authority (FCA).

More information about pension fraud is available at or

NOW: Pensions has a good technical infrastructure combined with a pension product suitable for our team. We couldn’t be happier with NOW: Pensions.
Martin Woods,