Dr. Laura Bambrick:

The pot will follow you and that is your pot of money. If you change jobs, that pot will go with you. Some people may have checkered work histories whereby they may have a bit of a pension from an employer for whom they worked ten or 15 years and another bit of a pension where they worked with a new employer. Then you have to go about bringing those all together. As is often the case, people may not do that, and then they are paying two sets of pension fees. The pension pot follows the member. At the same time, if a person then decides that they have had the moderate- or high-risk pension product but now wants to go into the low-risk, it will be within his or her rights to change the type of product he or she wants his or her money invested in. That will be facilitated.