Defined benefit pension transfers

At Advies Wealth we are leading pension specialists and financial advisors. We have particular expertise and experience in dealing with the new choices that you have for your Final Salary/Defined Benefit pension.

Advies Wealth look after clients across the whole of the UK from the north of Scotland to the Isle of Wight as well as from Norfolk to Northern Ireland. Our objective is to provide a service which enables us to meet with potential clients within 72 hours of your initial request to have a meeting. The meeting is currently held on the phone or on video call due to lockdown restrictions.

We believe a personal meeting is the best way to enable you to discuss your needs and requirements. It gives both parties the opportunity to have that all important meeting, offering a feeling of security and access to your adviser that supports communication during the whole transaction.

During the meeting we will review your options, discuss your objectives as to why you may be considering a transfer, look at alternatives where these may be appropriate and generally get to know you in terms of both your financial position and your personal and family objectives.

Advies Wealth
Advies Wealth Diss

Advies Wealth operate a strong and resilient policy of seeking to ensure your satisfaction during the pension transfer and process. As advisers we also offer added comfort and security to our clients, in ensuring that our advice and any transfer review is itself reviewed by two pension experts.

Advies Wealth has an experienced staff who will be pleased to assist with any questions and subsequent requirements you may have during and after your pension review and transfer.

Transferring your pension is a huge decision and it may not be the best outcome for you and your family. Therefore we make it our absolute goal to advise you in your best interests.

Office opening hours

Our office is available:

Monday - Thursday 9 am - 5 pm

Friday 9 am - 4 pm

Book your consultation today

Give your pension plans and retirement some thought

You will not lose anything by requesting a personal report on your retirement options including the possibilities of a pension transfer. The advice will be accurate and in your best interests. And if it's not the right option for you, we will tell you and you will lose nothing.

Since April 2015 and the introduction of George Osborne's pension freedoms, many things will have changed and without doubt your personal circumstances will also be evolving. In the past staying with your Final Salary (Defined Benefits/DB) pension scheme was almost always the best option. However, other factors may now mean that a transfer away from your DB scheme may be worthy of consideration, but only in certain circumstances.

Some of the reasons for considering a transfer may be –

However a pension transfer is not the best option for the majority, therefore getting financial advice is vital when making this decision, and is therefore a legal requirement if your CETV is >£30,000.

What are my options

Leave everything unchanged

If you want an income that is guaranteed for life your plan may well provide this.  It may well be, if we were to conduct a review of your pension, we would advise you to stay in the plan but this is not always the case.  Personal objectives and plans which become clear during our meeting may well be possible within the new freedoms and flexible options.

Consider your options – based on a thorough review

Now is an appropriate time to consider your options.  This will not affect your present benefits from your existing plan in any way but you will be informed and in control of any opportunities that the radical new pension freedoms offer you.

We would be very pleased to review your pension plans and formalise an informative report for your considered thoughts.  This report will clearly show all options available to you and your pension. These options will be presented to you with your report along with the research of the market to ensure the best possible investment options will be available to you.