Can I have multiple pensions?

Can I have a private pension, and workplace pensions?

Ellie Lister avatar
Written by Ellie Lister
Updated over a week ago

Yes. You can have as many old and existing pension pots at the same time as having a Penfold pension pot. This means you can have a personal pension (Penfold), a workplace pension (your employer pays into) all at the same time. 

However, having lots of small floating pots floating about can be easily lost and won’t compound into large sums. This is why we offer a free pension transfer service….

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