Defined Benefit Pension Transfers
Key Factors We Consider
Our comprehensive analysis examines multiple factors to determine whether a defined benefit pension transfer would be suitable for your circumstances.
Transfer Value Analysis
We provide comprehensive analysis of your defined benefit pension transfer value, examining whether the offer represents good value compared to your guaranteed benefits.
- Current transfer value assessment
- Future benefit projections
- Critical yield calculations
Investment Growth Potential
Consider the investment growth required to match or exceed your defined benefit pension, taking into account your risk tolerance and investment timeline.
- Required growth rates
- Investment risk assessment
- Market volatility impact
Security vs Flexibility
Balance the guaranteed income from your DB pension against the flexibility and inheritance benefits that come with a personal pension arrangement.
- Guaranteed vs flexible income
- Inheritance planning benefits
- Control over investments
Our Analysis Process
We conduct a thorough analysis of your personal circumstances, examining factors including:
- Your health and that of your spouse/partner
- Your attitude to investment risk
- The importance of providing benefits to your spouse/dependants
- Your other sources of retirement income
- Whether you need to access your pension before scheme retirement age
Important Considerations
Before considering any pension transfer, it’s crucial to understand the potential risks and benefits involved.
Potential Risks
- Transfers are only suitable for a small minority of people
- You may be giving up valuable guaranteed benefits
- Investment returns are not guaranteed
- Charges will reduce the value of your pension pot
When Transfer Might Be Suitable
- Serious ill health affecting life expectancy
- No spouse/dependants requiring survivor benefits
- Very high transfer value relative to guaranteed benefits
- Strong need for inheritance planning
- Significant other retirement provision already in place
Expert Pension Transfer Advice
Pension transfer advice is a specialist area requiring specific FCA qualifications. We have the expertise and experience to provide the comprehensive analysis required.
Transfer Analysis Process
- Initial Consultation: Understand your circumstances, objectives and concerns
- Data Gathering: Collect detailed information about your pension and financial situation
- Technical Analysis: Comprehensive modelling and comparison of options
- Recommendation: Clear advice with detailed reasoning and risk warnings