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Pension Transfer

 

We introduce experienced advisors who support their clients in maximising pension assets.
A pension transfer is about reviewing and improving your biggest retirement asset.
The simple act of transferring your pension funds from one provider to another can have a huge impact on your financial wellbeing in retirement.
A pension transfer can often breathe new life into what has become an out of date, underperforming and inappropriate asset.

 

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  Pension Perfomance Reviews & Transfers

Amongst many other benefits, a pension transfer offers the potential to reduce charges, improve performance, ensure suitability and target your required income in retirement.

Don’t leave your retirement funds to chance!
Your single biggest source of retirement income should not be left to a game of chance that is influenced by a set of maybes…

        • Maybe my retirement income will be sufficient?
        • Maybe the fund I’m invested in is suitable?
        • Maybe my advisor did a good job when I set up the pension?
        • Maybe I’ll have enough income in retirement?

By exploring the potential to transfer your pension and taking your head out of the sand, you begin to take responsibility for your retirement income, you improve your knowledge and you take control of what is for most people, their single biggest asset.

You know your pension fund deserves it!

Explore transferring safely and securely with our pension transfer finder service.

Advisors and what to expect from the Pension Transfer Finder Service?

Our mutual goal is to support you in finding a suitably qualified advisor with good reputations that you can trust. In order to achieve this we will always encourage you to speak with and meet each of the advisors we introduce you to, ensuring that you make an informed decision and choose the right adviser for you.

We take the view that we wouldn’t allow an unqualified person to give us medical advice and we certainly wouldn’t allow an untrained pilot to fly us to our holiday destination. Pension Transfers require a qualified individual as recognised by the Financial Services Authority (FSA) and that is who we will introduce you to.

Pensions transfer advice can often be far from impartial or independent due to the large sums of money being invested. Therefore we encourage you to take your time interviewing at least two advisors by telephone, and will be happy to recommend alternative pension advisors if requested.

Good advisors will take the time to provide you with a detailed report outlining your transfer options, often referred to as a pension transfer analysis. Our pension finder service looks for great advisors who will take the time to ensure you understand the aspects of the transfer analysis that most affect your financial future and decision to transfer.

Basics are important to us and we need to be assured that clients will be supported and guided throughout the entire transfer process. This includes ensuring an advisor has suitable support in the form of a friendly and responsive administration teams.

Start the transfer processes by allowing us to introduce you to a suitably qualified pension transfer advisor – complete our form today

 

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How To Transfer From A Defined Contribution Pension Scheme
March 31st, 2011 | Pension Transfer

pension transferWith this type of scheme, you are not entitled to specific benefits. Instead, you will receive benefits purchased by the fund which has been built up thanks to payments put into the pension scheme. Once again, this scheme does not let you know what benefits you are entitled to until you decide to take them.

Those considering defined contribution transfers need to discuss certain things with a financial advisor:

 Investment choice
 How good the administration is
 Level of fees and charges
 What the new scheme offers over the old pension plan
 How much will you be charged by the old scheme in the event you transfer
 If transfer benefits will actually work for you

It is also a good idea to talk to a financial advisor about the amount of benefits available in your old scheme which may not be applicable in the new pension plan.

Defined contribution pension scheme plans have their transfer value calculated by how much current payments are worth. As this type of plan normally consists of shares, there is every possibility that its value will fluctuate wildly over time. As a result, the value of your final transfer could be worth far less than you hoped.

If you haven't found all the answers that you are looking for you can find similar content in the Pension Transfer sections, contact an adviser at the top of the page, or you could try these related posts:

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