Pension Transfer

New pensions schemes are being launched on a regular basis, which means the pension plan you have may not work out the be the best in the future. We can help compare your current pension scheme against those available and if necessary we can transfer it to help you maximise your pension pot potential.

In taking a proactive approach to your pension you will be able to have full control over your future, however we understand it can be hard to know where to start. We regularly help our clients taking control of their pensions by tracing lost pensions, transferring pension and much more.

A large percentage of the UK population have lost pensions which holds money they are entitled to and can be transferred into another scheme. If you are someone who has lost or has multiple pensions then it may be beneficial to transfer them into one easy to manage Scheme.

When Should I Transfer My Pension?

Deciding if and when to transfer a pension can seem like a difficult choice, will the knew scheme be better and what will be the benefits of transferring?

It might be the case you want to take you 25% tax free allowance or change your pension scheme in order to ensure you are able to leave money for your children.

A final salary pension can come with excellent benefits, however you might require more flexibility and therefore transferring it may be your best option.

You cannot transfer your pension once you have started to collect which means it’s important to seek pension advice prior to retiring.

Transferring out of a final salary pension is unlikely to be in the best interests of most people. Qualified Pension Advice provides support and customer service and our advisers are part of The ER Network.

Let’s Talk

If you would like advice on your pensions our qualified Scottish & Northern Irish advisers can help.