How to switch PFA’s


06 January 2025

The Pension Reform Act (PRA) 2014 allows employees to switch from one pension fund administrator (PFA) to another, known as "portability." Portability allows employees to move their pension savings from one PFA to another without losing any benefits or having to start a new pension plan.

 

In a continuation of our conversations, we discuss how to switch from one PFA to another.


Listen to the conversation here 


How to switch PFA’s

Our data and information provided is based on public data, our regulatory intelligence effort, from our archives, and other public sources such as from Fund Managers, FMAN, Pension Fund Administrators (PFAs), PenOp, etc. We have taken care to ensure that the information is correct, but MoneyCounsellors neither warrants, represents, nor guarantees the information's contents, nor does it accept responsibility for any errors, inaccuracies, omissions, or inconsistencies contained herein. Because past performance does not predict future performance, it should not be used to make an investment decision. We make no product recommendations. No news or research item should be interpreted as a personal recommendation to buy, sell, or switch any investment. Investments and the income generated by them rise and fall in value, so you may receive more or less than you invested.

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