Financial services firm True Potential Investments has launched a self-invested personal pension (SIPP) with no annual charges or transfer fees to ease the process of consolidation.
The firm said the product would also make pensions more accessible and give clients better value.
The launch comes days after the government announced plans to cap annual pension fees between 0.75% and 1%.
Senior partner Daniel Harrison said: "Many people have pension portfolios that are fragmented and difficult to manage. The True Potential Pension brings together our technology-focused approach with a great value pension product.
"This has been in development for some time but the timing of the launch is perfect as annual pension fees have come under national scrutiny."
He said users would be able to consolidate "disparate" pension funds into one place with minimal fuss and fees.
It is available exclusively to investors using the True Potential Wealth Platform.
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created