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Lgps transfer

Matt_22
Posts: 318 Forumite


Does anyone no a timescale from writting to the peoples pension about transferring to lgps. And getting a quote off lgps
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Have you joined LGPS within the last year?
https://www.lgpsmember.org/your-pension/paying-in/transferring-in/#:~:text=Contact your pension fund to,pension credit into the LGPS.
https://thepeoplespension.co.uk/help/knowledgebase/how-do-i-transfer-my-savings-from-the-peoples-pension-to-another-pension-provider/#:~:text=If you do want to transfer to another provider&text=This can often be one,555 or contact us online.If you do want to transfer to another provider
- Talk to us first. This can often be one of the most important financial decisions you can make, so it’s a good idea to understand what to look out for if you move your savings out of The People’s Pension. Call our guidance team on 0300 2000 555 or contact us online.
- Find out how much your new provider will charge you and what their investment returns are like (though note past performances should not be relied on.) Here’s our ratings on investment performance, charges and service.
- Find your account number – it’s alongside your pension balance in your Online Account. Get started by setting up or logging in to your Online Account.
- Get in touch with the pension scheme provider you want to transfer to and check if they use Origo Options. This is an electronic system which makes transferring quicker and easier for you. If they don’t use Origo Options, you’ll need to contact us to request a paper transfer-out form.
- The provider you’re transferring to will tell you what to do next.
- While your transfer is progressing, we may need you to complete ID checks with us – but we’ll let you know. Sometimes we may need to ask you some extra questions about the scheme and/or provider you want to transfer to. This is part of our commitment to The Pensions Regulator’s Scams Pledge to protect our members from falling victim to pension scams.
Please note: When you transfer your money away from The People’s Pension, you usually have to move all of your pension pot in one go.
If you wish to transfer out and are able to do so, best not to delay getting on with it as it can take weeks.
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Thanks I have sent a form off to the peoples pension from the lgps. I sent on Monday first class I just wondered how long it usually takes to hear back. Thanks0
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