Offer available 18th May - 18th September 2026.

Bring your pensions to NatWest Invest and you could get a £50-£5,000 cash reward

Eligibility criteria, terms and conditions apply. Your existing pension provider may charge an exit fee for transferring your pension. Please remember to take the time to decide whether transferring your investments to NatWest Invest is right for you. The value of investments can fall as well as rise.

Make it easier to manage your retirement savings by consolidating your pensions to NatWest Invest – plus, earn a cash reward

The chances are, you’ve picked up lots of pensions throughout your working life and they now sit all over the place. This can make it more difficult to understand whether they will give you your dream retirement. But you could bring your pensions together pretty easily, making them more straightforward to manage while potentially saving money on fees.

Now, it’s not black and white. There could be good reasons to stay with one or more of your current providers. But thinking carefully about this now and deciding either way could really help when you retire.

Three reasons to consider bringing your pensions together with NatWest Invest

24/7 online access

View your investments alongside your bank account, either online or in the mobile app. You'll also be able to continue building for your future from just £50 a month.

We keep fees low

Low fees mean you keep more of your money. We charge 0.55% per year (made up of a Platform fee of 0.15% and a Fund fee of 0.40%)—that’s 55p for every £100 you have invested with us.

View our fees

Expertly managed

Your money will be managed by Coutts investments experts. Coutts has been managing wealth for over 300 years. Just choose which of our five ready-made funds you wish to invest in.

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You’ll need to be a NatWest customer with Online Banking, aged 18-75 and be a UK resident for tax purposes. Contributions cannot be made if you are a US citizen or US Green Card holder. You cannot access your Pension benefits before the age of 55 (this is going up to age 57 in 2028).

Get a cash reward for transferring to NatWest Invest

Transfer your pension to NatWest Invest between 18th May 2026 and 18th September 2026 and you could get a cash reward from £50 to £5,000.

You could also transfer your ISAs so you can see it all in one place, making it easier to manage. Your cash reward is based on the total amount you transfer to NatWest Invest from your pensions and ISAs.

If you decide to transfer any cash ISAs to our Stocks and Shares ISA, you will need to decide which of our five ready made funds to invest in and the experts at Coutts will invest your money for you. Over longer periods of time (five years or more), investments such as stocks, shares and funds have the potential to give you higher returns compared to cash savings. Returns aren’t guaranteed and the value of investments can fall as well as rise. There is a chance you may get back less than you put in. Ensure you have safety net savings before starting to invest. We apply fees to investment accounts and and if you're transferring from fixed term or fixed rate ISA there may be early close charges from your current provider.

Transferred ISAs and pensions	Cash reward
£5,000 to £9,999	£50
£10,000 to £19,999	£100
£20,000 to £49,999	£200
£50,000 to £99,999	£500
£100,000 to £199,999	£1,000
£200,000 to £299,999	£2,000
£300,000 to £399,999	£3,000
£400,000 to £499,999	£4,000
£500,000+	£5,000

Exclusions apply. To qualify for a cash reward, transfers must come from providers outside the NatWest Group. Terms and Conditions (T&Cs) apply.

Full terms and conditions available to download here (PDF, 1.7MB))

Is transferring your pension right for you?

It’s important to take your time before transferring your pension and to review what is the best option for you. Here are a few things to know and consider before transferring:

Check for exit fees – Contact your current pension provider to see if you could face exit fees for transferring out your pension.
Loss of benefits – Make sure you wouldn’t lose any valuable benefits such as guaranteed annuity rates, a lower protected pension age, or existing workplace contributions, for example.
Compare fees – With NatWest Invest, the most you’ll pay is 0.55% of your investments per year. Check what fees your current provider offers and what this means for your plans.
Get advice – We promote cash rewards at various times. Please take the time to decide whether transferring your existing products to NatWest Invest is right for you. Transferring a pension could be risky if you’re not sure whether you will lose any benefits. You might want to consider speaking to a financial advisor before transferring a pension.
How your pension is transferred – For your pension to be moved to us, it will first need to be transferred to cash by your current provider so we can reinvest it into one of our funds. This means that the value of your pension will not go up or down with market changes for a short period as we complete the transfer.

Information Message

The information on this page does not constitute personal advice.

How do I transfer my pension?

It’s easy to submit your transfer request with us – you’ll just need to share with us a few details and we’ll take it from there.

1. Get your pension details

Have to hand the name of your pension providers, policy numbers and the values of each of your pensions. This information can be found in your annual statements or on an online portal.

If you can’t find this information, you can use the Pension Tracing Service or simply reach out to your previous employers.

2. Apply online

Once you’ve made your decision to transfer, either log into your online banking or go to the app following the links below. Once there, choose “Transfer a pension” under our pension section then follow the steps and select one of our five ready-made funds to invest in.

3. We’ll take care of the rest

We’ll begin combining your pensions in one place and will let you know once the transfer is completed.

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