Learn more about transferring assets here I reviewed a client who had concerns over their Defined Benefit Scheme’s suitability. They were considering a transfer for a number of reasons and wanted to understand the benefits and implications of it. One of their main concerns was their current schemes health. Three years previous, they had been…
I received a contact request through this website for a man who had just received his transfer value. He was surprised at the figure and immediately thought he needed to transfer this into his own name so it was ‘safe’. After speaking to him at length, it became apparent that his main objective was to…
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…
