Scottish Widows can accept transfers from most, but not all, pensions. Here is a list of the main types of transfers they can’t accept online:
Pensions with guarantees - A Guaranteed Annuity Rate: this means, in most cases, you’ll get a higher income for life when you retire than you’d get at today’s rates.
Or
Section 9(2B) rights or a Guaranteed Minimum Pension: these would provide you with an income that’s based on what you earned at the time this pension was set up.
Pensions run by Trustees - If you have a pension which was set up by your employer, it might be managed by trustees. If you’re unsure if your pension is run by trustees, speak to your provider.
Pensions with defined benefits - Known as final salary or defined benefits pensions where how much you receive is based on your salary rather than how much you’ve paid in.
Payments - If you or your employer are still paying into the pension you’re transferring and this is going to continue to happen or you are already taking an income from the pension.
Other reasons - Your pension is with a provider outside the UK, it’s subject to a court order, for example when it’s been divided as part of a divorce.
Finally, you can only transfer the entire pension, you’re not able to transfer part of a pension.
You can find out about these in your policy documents or you might have to speak to your current provider. If you don’t know what to ask here’s a helpful checklist.
Download the letter (.doc)