Crystallised Pension Transfer - Consolidation Possible?

Paraplanning831

Hi all,
Just had a query regarding crystallised pension transfers I am of the understanding that partial transfers from a crystallised pension aren't possible, however I cannot find anything that explicitly states whether or not crystallised pensions from different sources can be combined?

Would it be possible for instance, if a client had 5 crystallised pensions with different providers, to consolidate these all into one crystallised pension?
Or would it be the case that the best case scenario would be to find a provider that would accept a crystallised transfer in, and would then have separate tranches for each different crystallised pension transfer. So in effect you would still have 5 crystallised pots but under one provider?

Any info would be appreciated.
Thank you.

les_cameron

A crystallised arrangement must be transferred to another crystallised arrangement that has nothing in it. So not possible.

Some providers/schemes might do a smoke and mirrors job suggesting there is only one arrangement but there will be wheels spinning in the background ensuring that legally they are separate arrangements.

The Registered Pension Schemes (Transfer of Sums and Assets) Regulations 2006 (reg 12).