Pension Transfers

We are 'level 6', degree qualified Chartered Financial Planners and have Pension Transfer Specialist permissions from the Financial Conduct Authority as well as adhering to the 9 principles of the Pension Transfer Gold Standard for consumer education, information, fees and advice on pension transfers as set down by the Personal Financial Society (PFS), our professional body and a division of the Chartered Insurance Institute (CII).

Pension Transfers Videos

Why is a Pension Transfer Gold Standard Needed Why is a Pension Transfer Gold Standard Needed Huge pension transfer mis-selling advice scandals in the past mean't that the financial regulator set up new rules for financial advisers: Transfer Value Analysis Specialist Pension Qualifications Special Permission from the FCA ... 9 Principles of the Pension Transfer Gold Standard 9 Principles of the Pension Transfer Gold Standard The 9 principles of the Pension Transfer Gold Standard that Pension Transfer Specialist Advisers must comply with: Helping clients understand when advice is appropriate Ensuring advice given supports the clients overall ... Principle 1 When is Advice Appropriate for Me on Pension Transfers Principle 1 When is Advice Appropriate for Me on Pension Transfers We have established and defined an education process for you that we would like you to follow before entering into regulated advice on Defined Benefit and Safeguarded Rights Pension ... Principle 2 Pension Transfer Advice Based Upon Wellbeing and Objectives Principle 2 Pension Transfer Advice Based Upon Wellbeing and Objectives Written records of all calls, meetings and details: Factfind, health, wealth, money, life expectancy, blood line, hereditary illnesses, future income, expenses, likely changes, other guaranteed pensions or income, risk, ... Principle 3 Understand Our Fees Charges for Pension Transfers Principle 3 Understand Our Fees Charges for Pension Transfers We quote fees for Defined Benefit/Safeguarded Rights Advice in two stages: Stage 1 is the analysis as to whether it is in your best interests and wellbeing as well as ... Principle 4 Pension Transfer Advice Specialist Qualified Principle 4 Pension Transfer Advice Specialist Qualified We are required, as Pension Transfer Specialists, to ensure the most appropriate and updated technical skills are applied. The minimum level of qualification is level 4 (similar to A levels) Our ... Principle 5 Managing Conflict of Interest Principle 5 Managing Conflict of Interest Any person that needs money - whether that is you the client in a difficult financial position or a business in need of revenue THIS MAY LEAD TO POOR CONSUMER ... Principle 6 Understand the Costs of Pension Transfer Principle 6 Understand the Costs of Pension Transfer We will give you a written document (single sheet) as a Transfer Value Comparator (TVC) Which gives you explicitly: The Pension Fund Transfer Value compared to The Cost To Buy An Annuity On ... Principle 7 No Unregulated Investment Funds Allowed Principle 7 No Unregulated Investment Funds Allowed We never ever recommend unregulated investments funds to ensure that you have full investor protection. Regulated company pensions are protected by the Pension Protection Fund Regulated private pension funds are protected ... Principle 8 Record Keeping and Monitoring Ensures No Bias Principle 8 Record Keeping and Monitoring Ensures No Bias Record Keeping and Monitoring to Ensure No Bias using Key Performance Indicators Number of people enquiring about pension transfers Numbers that complete our education process Numbers choosing not to take regulated advice Numbers ... Principle 9 Consumer Guide to Pension Transfer Gold Standard Principle 9 Consumer Guide to Pension Transfer Gold Standard We recommend you: Download the Consumer Guide to the Pension Transfer Gold Standard (published by the Personal Finance Society) Read and watch all the consumer content in the Personal Finance Society's ... Reasons to Keep My Pension and Not Transfer Reasons to Keep My Pension and Not Transfer Reasons to keep my pension and not transfer: Pension is main source of income in retirement and inflation protection gives me security. My health, family health is good so I expect ... Reasons to Proceed with Pension Transfer Advice Reasons to Proceed with Pension Transfer Advice Reasons to proceed with pension transfer advice: I am likely to phase in my retirement gradually e.g. move to part-time and flexible pensions will help me do this. I am likely ... Why Are Defined Benefit Transfer Values High Why Are Defined Benefit Transfer Values High Video looks at the impact of low gilt yields and increased cash equivalent transfer values for defined benefit and final salary pension schemes.... Pension Transfer Advice 30000 Limit Explained Pension Transfer Advice 30000 Limit Explained Video explains why you are forced to seek financial advice for a defined benefit transfer over £30,000 under S48 of the Pensions Schemes Act 2015 and why others are ... Transfer Value Analysis Service TVAS Transfer Value Analysis Service TVAS Video introduces the regulator's requirement that any proposed defined benefit pension transfer requires a G60 Pensions qualified adviser, with FCA permission for these high risk transfers, to conduct a ... APTA Appropriate Pension Transfer Analysis APTA Appropriate Pension Transfer Analysis APTA Appropriate Pension Transfer Analysis is a full assessment when transferring or considering transferring a defined benefit pension scheme to a money purchase defined contribution pension scheme or personal ... TVC Transfer Value Comparator TVC Transfer Value Comparator Transfer Value Comparator (TVC) when transferring or considering transferring a defined benefit pension scheme to a money purchase defined contribution pension scheme or personal pension must have a TVC ... Defined Benefit Flexible Drawdown Transfer Defined Benefit Flexible Drawdown Transfer We explain what to think about when/if you are considering transferring a defined benefit pension scheme for flexible drawdown access.... Other Soft Facts to Consider for Defined Benefit Transfer Other Soft Facts to Consider for Defined Benefit Transfer What are the additional 'soft facts' to consider when thinking about final salary, safeguarded rights and defined benefit pension transfers?...

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