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The People's Pension · UK pension transfer guide
The People's Pension pension transfer guide for NRIs considering an overseas transfer.
This independent guide explains common transfer-out questions for a UK pension currently held by The People's Pension. The People's Pension would be the ceding provider, not the overseas receiving scheme. A transfer is possible only if the member, benefits and receiving scheme meet the rules in force.
No affiliation with or endorsement by The People's Pension is claimed · The People's Pension is not presented as a QROPS
Your The People's Pension Pot
What kind of pot are you likely holding with The People's Pension?
As a master trust built for auto-enrolment, The People's Pension serves thousands of small and medium UK employers who don't run their own dedicated scheme.
Almost every member holds a defined contribution auto-enrolment pot, built from minimum employer and employee contributions invested in one of The People's Pension's default or self-select fund options. Because many members change jobs multiple times, often across different small and medium employers who each used The People's Pension as their provider, some NRIs actually hold more than one pot with the same master trust, sometimes without realising both are still open.
Before starting a transfer, we check whether you have multiple pots under The People's Pension that should be consolidated first, and confirm the current cash-equivalent transfer value on each before any paperwork goes to them.
Transfer Considerations
What matters most when moving a The People's Pension pot
The rules that govern this transfer come from HMRC, not The People's Pension — so getting the compliance side right protects you, whichever provider you're moving from.
GOV.UK notification-list check
Before any permitted transfer, the proposed receiving scheme requires a GOV.UK ROPS notification-list check and separate statutory, provider, tax, charge and suitability checks. Notification is not approval or verification.
Understanding unauthorised-payment charges
An unauthorised payment is generally charged at 40%, with a further 15% surcharge only where statutory conditions apply. The risk must be assessed; it cannot be guaranteed away.
Provider document requirements
Discharge forms, identity evidence and provider declarations should be prepared against the provider’s current instructions; the provider decides whether a submission is complete.
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The transfer process
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Other providers
Also handling transfers from Nest, Aegon and more. All providers →
Start with a Free Assessment
Ten minutes is all it takes to know where your The People's Pension pot stands.
Tell us about your pot and where you're settling. We can outline the questions to take to your providers and regulated advisers; costs, eligibility and timing depend on your individual case.