You may have already considered a pension transfer. You may have thought that although greater investment flexibility is tempting, a guaranteed income is more important to you.
'Now you can have the best of both worlds'
Whilst the number of pension transfers has increased, many have shied away from this option as they didn't want to lose the benefits associated with these 'gold-plated' schemes.
Recent developments have seen an increase in the number of Final Salary Pension Schemes offering partial transfers. This essentially allows members to retain the certainty of a guaranteed income and have greater investment flexibility.
Why do some people choose to transfer?
Why do some choose to stay in their final salary pension scheme ?
Whilst there are a number of factors making transferring an option that can’t be ignored, it’s worth noting that the UK Financial Conduct Authority still holds the position that an adviser should start from the assumption that a pension transfer will be unsuitable.
At GWM we know that making a decision on which solution is right for you can be daunting, which is why our team of international pension experts are on hand to answer your burning questions.
Research shows that taking regular advice from a professional financial adviser can result in a 53% increase in retirement income compared to those who sought no financial advice..
GWM is one of the few planning companies to have an in-house Investment Committee comprising both internal and external specialists. All overseen by our own in-house Chartered Financial Analyst. All UK pension advice is supported by G60 qualified, UK Chartered Financial Planners ensuring you have access to the very best possible advice on your UK pensions.
At GWM we know how unhelpful generic advice can be, especially when it comes to your plans for the future. That’s why, as part of our award-winning service we offer a comprehensive pension and retirement review. To start the process, simply download your free E-Book to read expert and qualified advice about what options are available to you.