- Expert Guidance
- Informed Decisions
- Speak with Qualified Advisors
Pension Transfers and Consolidation
Transferring or consolidating a pension is a significant decision. We provide clear guidance to help you assess your options and support you through the process, keeping your pension aligned with your long-term goals.
Start your Pension Journey
Transfer or consolidate your pension today – your retirement, your way. Leave your details and a qualified advisor will be in touch.
What Our Clients Say
Hear from Pension Advice on Pension Transfers
Our team explains how we can help protect your retirement savings.
Who Should Consider a Pension Transfer or Consolidation
This service is ideal for individuals who:
Have multiple pension pots from previous jobs or self-employment
Are unhappy with their current provider’s charges, fund options, or service
Are returning to Ireland from living and working in the UK
Want to simplify their pension planning and maximise tax efficiency
Need help comparing defined benefit vs defined contribution schemes
Want to avoid mistakes that reduce their retirement income
We also help employers or HR professionals handling bulk pension transfers for teams.
Not sure if you’re ready to transfer or consolidate? Start with a no obligation consultation.
What Is Pension Consolidation – and Why It Matters
If you’ve worked in several jobs or paid into different types of pensions like PRSAs, personal pensions, or occupational schemes, it’s easy to lose track. Pension consolidation means combining your various pots into one streamlined plan.
We assess whether combining your pensions makes financial sense and guide you through it.
Lower overall fees and charges
Easier to manage and track your retirement savings
More consistent investment strategy
Potential for earlier access or greater tax-free cash
Should I Transfer, Consolidate, or Both?
Not everyone needs to transfer or consolidate their pension, but for many, one or both steps can simplify finances and improve long-term outcomes. We’ll help you decide between:
You don’t need to know which is best; we’ll map it out for you based on your goals.
Pension transfer – moving one pot to a new provider for better performance or access
Pension consolidation – merging multiple pensions into a single easy-to-manage platform
Combination of both – transferring and combining into a modern, flexible scheme
Am I Eligible to Transfer My Pension in Ireland?
Most people can transfer their pension, but rules and advantages vary by scheme and provider. You’re likely eligible if:
Exceptions: Some pensions include exit penalties, age restrictions, or guaranteed benefits that must be reviewed before transfer.
You have a personal pension, PRSA, defined benefit, or defined contribution scheme
You’re no longer contributing to a workplace scheme
You’re changing jobs or retiring early
You’ve moved back to Ireland with a UK pension
Start With a Consultation
Get clear advice on your pension options and next steps.
Related Articles
Insights and guidance on this topic from our team
Pension Consolidation Calculator
See the benefits of consolidating your pensions
Pension Transfer or Consolidation
See the benefits of consolidating your pensions
"*" indicates required fields
How We Make Pension Transfers Simple and Smart
Whether you’re consolidating, transferring, or both, we’ll help you get the full picture before you commit. Moving your pension involves reviewing your existing benefits, assessing your goals, and finding the best destination for your funds. Here’s how we help:
Step 1 – Get in Touch
Contact us by phone, email, or chat. We’ll learn about your current pensions and what you’re looking to achieve.
Step 2 – We Gather Scheme Info
We’ll send you a simple Letter of Authority to collect transfer values and scheme terms from your existing providers.
Step 3 – You Get a Detailed Transfer Report
Our advisors review transfer values and exit fees, any locked-in benefits (e.g. bonuses, annuity rates), tax-free cash implications, access age and retirement options, and fund performance and costs. You’ll get a plain-English report outlining your options.
Step 4 – We Handle the Transfer
If you decide to proceed, we’ll complete the paperwork and manage the process until your new pension is set up.
Why Transferring or Consolidating Your Pension Matters
Transferring or combining your pensions can unlock long-term value, but only with the right advice. Here’s how we help you make smarter financial decisions:
Compare Fees and Fund Performance
We benchmark your existing pensions against the market to identify cost savings or stronger-performing options.
Clarify Retirement Access and Drawdown
Understand when and how you can access your pension, including tax-free cash options and income structures.
Avoid Losing Valuable Benefits
We carefully review older schemes for guarantees or bonuses that could be lost in a transfer, and flag any risks before you act.
Maximise Flexibility and Tax Efficiency
We structure your pension for long-term growth and lower tax, tailored to your life stage and financial goals.
Get Personalised Advice for Your Situation
Our loyalty is to you, not product providers. That means clear, impartial advice focused on your best outcome.
Let’s make your pensions work harder — Book a call
Talk to Our Team About Pension Transfers and Consolidation
Whether you’re consolidating pensions or moving one scheme, we’ll help you make the smartest financial decision.
Frequently Asked Questions about Pension Transfers in Ireland
Can I transfer my pension from an old employer?
Yes. If you’re no longer contributing to a workplace pension, you can usually transfer it to another scheme such as a PRSA or personal pension. We’ll help you assess the value and any penalties before making the move.
Will I lose benefits if I transfer my pension?
Possibly. Some pensions have valuable guarantees like annuity rates or bonus features. Our free report highlights what you’d keep or lose, so you make a fully informed decision.
What are the risks of transferring a defined benefit pension?
You could lose income security or benefits linked to your salary and service. We only recommend transfers if it’s clearly in your financial interest.
How long does a pension transfer take?
It typically takes 3-6 weeks, depending on how quickly providers supply the required paperwork. We handle the follow-ups for you.
Can I combine multiple pensions into one?
Yes. Consolidating pensions often reduces fees, simplifies management, and increases flexibility—but only when done correctly. We’ll review if it’s right for you.
What's the minimum pension size to transfer?
There’s no fixed minimum, but in practice, transfers usually make most sense for pension pots of around €10,000 or more. Smaller amounts can be less cost-effective once fees and administration are factored in, and we’ll always give you honest guidance based on value and outcomes.
Can I combine pensions from old jobs?
Yes. If you’re no longer contributing to old workplace pensions, we can often help you consolidate them into a single scheme. This simplifies administration and may reduce fees or improve investment performance.
What Our Clients Say
Real feedback from clients who used this service
Tim Clifford
Pension Advice helped me to reinvest my previous employers pension to a new fund. If serious about investing for your future, it is a minefield of options and finance language. Pension Advice are very helpful and reliable in advising you.
I Campbell
Dealt with Chris-very clear communication and made the pension transfer process easy to understand and was a pleasure to work with
Laura and Mark
Absolute pleasure to deal with. I have no experience with pensions Chris and the team made it very easy and understandable as we moved pensions from one company to another. I highly recommend them. Thanks again for all your help.
Gerry
Dealt with Pension Advice to transfer my old work place pension from my previous employer into a personal retirement bond policy. They took the time to advise me appropriately and help me choose funds that were aligned to my attitude to risk. I’m hoping to retire early and access 25% tax free cash at that time. So very happy with my options moving forward. Would definitely recommend Pension Advice.ie
Speak with our experts
Contact Our Directors
Get personalised pension advice from our experienced team of qualified financial advisors.
Chris McKenzie
CFP® | SIA | QFA
Director
Chris Crowley
PgD | SIA | RPA | FPRA | QFA
Director
Our Core Priorities
The Client Comes First
We are a client focused business, we aim to understand your needs and objectives and deliver based on this. This is at the very core of our business – you are what matters most.
We are Qualified Experts
All our staff are qualified experts and have the technical knowledge and experience to handle all your pension related queries.
We are Real People
We are real people who are here to assist you. We have direct phone numbers and email addresses, and will deal with your enquiry from start to finish.
We are Always Professional in All That We Do
Professionalism is the minimum you can expect from us. We pride ourselves on this and we will deliver for you in a professional manner.
We are Here to Educate You
It is important to us that we educate you so you can make informed decisions. Before we do any business with you we will educate you as to why it is the right choice for you. We want you to understand the decisions you are making.