• Published On: September 10, 2021|0.7 min read|

    When would a pension transfer be a good option to consider?

    Your current provider doesn’t offer the type of pension you want. For example flexibility may be more important to you than a guaranteed income from within a final salary [...]

    Read more

  • Published On: September 10, 2021|0.5 min read|

    Can I transfer a pension that is already in drawdown?

    Generally yes, however If your current pension is in Capped Drawdown, it will move into flexi access drawdown. And so you will become subject to the Money Purchase Annual [...]

    Read more

  • Published On: September 10, 2021|0.4 min read|

    Do I need to take financial advice if I want to transfer my pension?

    That very much depends on the pension you are considering transferring and the scheme you are transferring to. For any defined contribution pension worth more than £30,000 with a [...]

    Read more

  • Published On: September 10, 2021|0.8 min read|

    How long does it take to transfer a pension?

    This will very much depend on the schemes you are transferring from and to. For example if you are transferring from a DB scheme where you CETV is valued [...]

    Read more

  • Published On: September 10, 2021|0.1 min read|

    At what age can I access my SIPP or QROP’s?

    Currently legislation dictates that the earliest you can access your SIPP or QROPS is from the age of 55, unless you are in ill health

    Read more

  • Published On: September 10, 2021|0.2 min read|

    Can I consolidate more than 1 pension?

    Yes there are no limits on the number of pensions you can transfer into a SIPP or QROPS as long as the ceding scheme you are transferring from permits [...]

    Read more

  • Published On: September 10, 2021|0.6 min read|

    How much does it cost to transfer my pension?

    The fees for financial advice relating to pension transfers will vary. Often it will depend on the complexity of the case, and whether it is a final salary or [...]

    Read more

  • Published On: September 10, 2021|0.7 min read|

    How do I transfer my pension?

    If you are considering transferring from a final salary pension scheme, you need to make a written request to the administrators of your pension for a ‘Statement of Entitlement’. [...]

    Read more