Leaving a pension untouched doesn’t mean it has to stay with your current provider. You can transfer your money to another company and, as with most insurance cover or utility services, it pays to shop around. The rates, charges and conditions will vary, especially if you need some flexibility. So we strongly suggest you do your research and get guidance or advice before making a decision.
For more details about shopping around see the Money Advice Service booklet ‘Your pension: it’s time to choose’ which can be found here.