Depending on your needs and the kind of pension you have, it could make sense to consolidate and transfer your pension pots to one easy-to-manage account.

• Less hassle and more time - You’ll only have one set of login details to remember, and one provider to deal with.

• Easy management - You can access your statements online, make changes to all your investments and income choices quickly and take advantage of new opportunities easily.

• A clear overview - You’ll know exactly where you’re invested and how much retirement income you can take.

• Reduced costs - Having only one provider could reduce the overall fees you pay.

  The value of investments can fall as well as rise and you may not get back the amount originally invested.