DO YOU HAVE A PENSION FROM A PREVIOUS JOB?

The Lemonade Pension Analysis service will help you find out if it's beneficial to transfer your old pension


HOW DOES IT WORK?

 
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You give us permission to contact your pension company

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We assess whether we can improve your pension

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If we can, we'll arrange for you to speak to an adviser

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They will take you through the pros and cons of transferring

 


WHAT DOES IT COST?

 

For all of the above steps, lemonade charges up to 3% on the transfer value of the old scheme (£250 minimum).

"How could I be better off if I have to pay a fee?"

See below example of how someone could be better off

 
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Assumptions -

  • Old Scheme Fund Charge - 0.75%pa
  • 3% Fee Charged by Lemonade
  • New Scheme Fund Charge - 0.20%pa

Comparable fund performance from both providers.

By moving her pension, Anne saves £165 in charges every year

This means the fee is recovered in 5.5 years

 

Are there any other benefits?

FEWER PENSIONS TO KEEP UPDATED

PENSION IS MATCHED TO YOUR ATTITUDE TO RISK

Are there any downsides?

IF YOU MOVE YOUR FUND BEFORE THE FEE IS RECOVERED, YOU WOULD HAVE PAID MORE IN CHARGES


Can you look at all my pensions?

YES!

However, if your fund is under £5,000 it is unlikely you would be able to recover the fee.  If you are not sure of the value of your pension, don't worry, we can find it out for you free of charge.

NEXT STEPS

You just need to give us permission to ask questions to your pension provider.  You can do this by filling out a Letter of Authority


GET IN CONTACT WITH LEMONADE