• Can I consolidate all my other pension pots into Collegia? How?

  Yes you can! You would just need to get the name of the old pension provider(s) and their associated policy number(s). Once you have this information please login in your Collegia personal account and go to the "Combine your pensions" tab, you will be able to kickstart the transfer process by following the instructions provided by our AI assistant. Although transferring a pension to Collegia doesn't have any additional fees from us, you'll need to double-check with your old provider whether thFew readers

• How can I transfer my Collegia pension to another provider?

  Please let us know the reasons why you want to transfer to another pension provider, we always strive to improve the products and services provided here at Collegia. Collegia is among the best pension schemes in the UK (4.7 stars on Trustpilot) and has the most competitive fees in the marketplace. If you still wish to transfer out, there are 2 different options: If the receiving pension scheme supports Origo, please get in touch directly with the receiving pension scheme, they will initiateFew readers

• How can I find my old pension pots?

  So to find existing pensions from previous employment, the magic key is to find the name of the pension provider and your policy reference number (which should be a string of numbers and letters). There are a number of ways to find your old provider(s) and the policy number: Call the previous company and find out who the pension provider was whilst you were working there, or search through any correspondence you may have received about your previous pensions Use the government's free pensioFew readers

• Are there any transfer in fees if I transfer my old pension to Collegia?

  There is a small transfer in fee (£25) for the administration of your transfer in request if the actual value transferred is less than £5,000 and you wish to use the enhanced digital transfer process. You may want to double check with the provider you are transferring out of, however, as there may be exit fees on their behalf.Few readers

• How long does it take to transfer my Collegia pension to a new provider?

  If the receiving pension scheme supports Origo, please get in touch directly with the receiving pension scheme, they will initiate the transfer request. It might take 1-2 months to complete the process, but there might be some additional confirmations that we might require as part of our Due Diligence process, which in turn might make the process longer - especially if we are waiting from outstanding monies from your sponsoring employer(s) or HMRC. Manual process: the process might take oFew readers

• How long does a transfer take?

  There is no set in stone rule with how long it takes another provider to transfer over the pension funds to Collegia. There are 2 different scenarios: Manual Transfers: Manual transfers can take 2-6 months overall, and in some cases—particularly where additional manual intervention or ceding provider delays occur—transfers may take up to 9-12 months to complete. Enhanced Digital Service: Ceding pension schemes typically take around 20–30 days to complete a transfer, although in sFew readers

• Can I transfer my Collegia pot to an overseas provider?

  Absolutely! You can transfer your pension to a Qualified Recognised Overseas Pension Scheme (QROPS). You can check the list of schemes approved by HMRC here to ensure your chosen scheme is eligible at https://www.gov.uk/guidance/check-the-recognised-overseas-pension-schemes-notification-list To get started with the transfer, let your provider know as they’ll need to contact Collegia directly. Please keep in mind that it's your responsibility to make sure that any overseas pension transfer does nFew readers

• Do you have any transfer out or exit fees?

  There might be some transfer out fees if you wish to transfer out of your Collegia personal pension, there are 2 different options: If the receiving pension scheme supports Origo, please get in touch directly with the receiving pension scheme, they will initiate the transfer request. We charge a transfer out fee of £25 for the administration of your transfer out request. This transfer out fee is directly deducted from your pension pot. Manual process: you can also initiate the transfer prFew readers

• Why do you ask for additional details about the new provider when transferring my pension out of Collegia?

  For certain transfers, we must ask a series of questions to make sure that the transfer out is not a scam or not in your best interests. This might be because the fees charged by your new provider are excessively high or they invest in very risky assets that may put your pension pot in peril. We understand that delays in the transfer process can be frustrating. But we try to make it as painless as possible (and avoid it where we can). At the end of the day, we must comply with the law that seeksFew readers

• Can I transfer a Defined Benefit pension to Collegia?

  Unfortunately we can't currently transfer a defined benefit pension over to Collegia. This is because a Defined Benefit pension has special benefits for when you retire (for example, they may pay you your average salary for the time that you were employed and contributing to that pension). Defined Benefit pensions are really valuable, and are specially protected by the government as they're quite rare nowadays. We wouldn't want you to lose your benefits by transferring this over to us! The onlyFew readers

• Can I partially transfer my Collegia pension pot to another provider?

  No, partial transfers are not allowed for the time being.Few readers

• Do I need a financial advisor to approve my transfer over to Collegia?

  Some pension providers might require you to enlist the help of a financial advisor to progress your transfer over to Collegia. You should check your terms or conditions or ask your pension provider for more details if they have such a requirement. FCA rules state that before you can transfer a defined benefit pension (or other pension with safeguarded benefits) worth more than £30,000, you must get financial advice. Collegia does not accept transfers of defined benefit or pensions with safeguardFew readers

• What happens to my Collegia account after transferring my pot to my new pension provider?

  In this case your Collegia account will be closed once the transfer is completed and the monies are sent to the receiving pension provider.Few readers

• Do you accept transfers from non-UK providers?

  Yes! We can accept transfers from providers on the QROPS (Qualifying Recognised Overseas Schemes) list the government provides. Before raising a transfer request, double-check whether your pension provider is listed there.Few readers