Pension Works are one of the UK’s leading independent, Defined Benefit Advice specialists. We support financial advisers by advising on their clients’ Defined Benefit pension transfers, whilst allowing them to retain the funds under management and receive up to 30% of our implementation fee.
We would strongly recommend Pension Works to any Financial Services business looking to introduce pension related consumer enquiries.
Financial Advice Group – Leeds
Our team of pension transfer specialists are fully authorised and directly regulated by the Financial Conduct Authority. Using industry-leading systems we provide high-quality, compliant Defined Benefit Transfer advice to clients throughout the UK.
With ISO9001 accreditation and the Pension Transfer Gold Standard, we consistently strive to provide exceptional levels of customer service and compliance. Every single file is compliance checked multiple times both internally and externally to ensure that we only ever provide advice that is in the client’s best interest.
Unlike some other IFA’s, Pension Works are completely independent. We work with a huge variety of insurance companies and have access to hundreds of products. These are some of the companies we work with:
Trusted, Ethical, Transparent Advice.
We believe that financial advice should be available to the masses. With this in mind, we apply the following case acceptance criteria:
- Minimum DB pension value £30,000
- Minimum age 50
- Not on means tested benefits
- Not an insistent client
- Not a self-investor
- British Resident
- If working, they must pay tax in the UK
Our team of pension experts are fully authorised and directly regulated by the Financial Conduct Authority. You can be confident that advice is delivered to the highest industry standard with clear, simple and jargon-free language.
We love happy clients
So we are delighted to be rated ‘Excellent’ on Trustpilot.
Our Introducer Hub allows you to sign up as a partner and submit a client case within 15 minutes and monitor its progress throughout:
1.) Customer List
Allows you to view all clients you have introduced to Pension Works. Along with their current status, level of Pay-Away, unique reference numbers and more.
2.) New Customer
Allows you to introduce a new client to Pension Works. The type and amount of information you upload at this point affects your level of Pay-Away.
3.) Document Library
View the latest version of the Pension Works Terms of Business and other important documents.
4.) Company Admin
Manage your company information, address and user accounts for the Pension Works Introducer Portal.
Defined Benefit Review Service
|Fund Value Fee||Fee|
|Report Writing Fee||£495|
Example of Our Fees
|Example Of Our Fees||Fund Value Transferred||Fee Percentage||Fee|
|Defined Benefit Review||£75,000||Minimum Fee + Report Fee||£2,995|
Example: A £150,000 Defined Benefit pension would have a charge rate of 3.0% (Report writing fee £495, Implementation charges first £50,000 at 3% then £100,000 at 2.5%)
Independent, Impartial, Service.
No Pressure, Convenient, Flexible.
Introducer Pay-Away is calculated and paid from the client Implementation Fee and paid within days of receipt of payment from the scheme.
We know that each of our Partners, and each of their clients, are different so we offer three tiers of Pay-Away, each defined by the information received on submission of the case:
|Lead Type||Percentage Pay Out||What information do you need to supply?|
|Packaged Basic||25%||Personal Details|
|Signed Pension Works LOA|
|Packaged Enhanced||30%||Personal Details|
|Signed Pension Works LOA|
|Full policy information for the pensions we are to advise on.|
If you’d like to speak to a member of our team before you consider signing up, please fill in our enquiry form below: