Our pension transfer service includes:
1.) Information gathering
We gather all the information regarding your current private pension funds from your providers to start our assessment. This information could include up to date values and any benefits that may be included with your pension funds.
2.) Pension assessment
We assess all your private pension funds, including their current management fees, risk profile, annual growth and past performance to identify any possible areas of improvement that you could benefit from. This will also include a ‘Get To Know You’ call with your pension adviser to understand your current financial situation and retirement plans.
3.) Fund analysis
We analyse all current UK pension funds and providers to see if there is a more suitable or better-performing pension for you. For your security, we only recommend funds from the biggest and best UK pension providers.
4.) Advice and recommendations
We advise and make recommendations to you in a comprehensive report. We will talk you through the report in detail to ensure you fully understand all the recommendation and options available to you. This will cover whether we believe transferring your pension is in your best interests, along with a detailed explanation of how we have arrived at this conclusion.
The above process including the analysis and recommendations for defined contribution pensions are free and without obligation.
If our advice is to leave your private pension where it is, we will tell you this for free.
5.) The transfer process
We help you transfer. Following our analysis and recommendations if we believe a pension transfer is in your best financial interests and you are happy for us to implement the advice – we will handle the entire transfer process for you from start to finish. Your adviser will outline any fees we will charge to implement the transfer and ensure a smooth transaction from your existing fund to the new recommended pension provider. Our fees for a pension transfer are among the lowest in the industry.