I was approached by a client who had a Defined Benefit Scheme from employment many years ago. The scheme had written to him and disclosed a potential Cash Equivalent Transfer Value (CETV) of £140,000 or an annual income in 3 years of £5,800. Until this point, my client hadn’t realised there was a cash value to…

A client approached me with a defined benefit scheme from a previous employer. He was being offer £8,240 income per year at 65 and wanted to know if there was anything else he could do with his scheme. I requested a Cash Equivalent Transfer Value (CETV) on behalf of the client and 3 weeks later…

A client approached me with a small Defined Benefit scheme he had forgotten about. He already had enough other secured pension income through his forced pension and didn’t feel the £2,500 being offered through the scheme Defined Benefit scheme at age 65 would be any use to him. He wanted to clear his mortgage which…