Pension Transfers



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Pension Transfers

This is a highly specialised marketplace. Only Independent  Financial Advisers with the G60 Advanced Financial Planning Qualification are licensed to give advice on Pension Transfers.

Get it wrong and you could lose a LOT of money.

Many people have older pensions, that for various reasons, may well be unsuitable now. The following are the most common reasons to consider a transfer

  • Changing jobs and leaving a company pension scheme.
  • Paying high charges - Many older pensions have FAR higher charges that their modern day counterparts so a transfer may result in significant savings and a much bigger pension pot in the future.
  • Lack of investment choices - Many pensions offer access to a very limited range of investment funds. In many cases this can be fewer than 10 funds. It is now possible to structure your pension so that you have access to a wide range of funds.
  • Better Contract Terms - Such as earlier retirement options and higher Tax Free Lump Sums can often be achieved.

The questions to answer are basically:-

  1. CAN you make the Transfer?

  2. Is it in your interests to do so?

It costs NOTHING to FIND OUT. Only a qualified Independent Financial Adviser can advise you IF a transfer IS in your best interest or not.

For "no obligation" advice on Pension Transfers click here.


 



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