I know I have been banging on about the benefits of transfers from final salary pension schemes for months but the fact is, that with only one exception, the clients I have guided through this minefield have decided it is right for them and have accepted the quoted transfer value.
But let me start today with why it may not be right for you.
If your transferred funds went down by 10% or more in just a few months how would you feel?
Emotionally shattered? Depressed? Worried? Looking for someone to blame? Wishing you had stayed in the final salary scheme?
If that’s you don’t even think about it.
But if you wonder why just so many people (including an ex-pensions minister) have looked at it closely and decided that the flexibility achieved by transferring outweighs the loss of security just text your email address to 07770 575122 and I will send you my free report:-
“The 10 reasons why so many people have transferred out of final salary pension schemes”
DON’T DELAY. There is every reason to expect transfer values to continue to fall over the coming months. Your transfer value may be your biggest single investment. Who should have control of that money and be telling you when you can access it? It is your money. Your lifestyle in retirement and the inheritance you leave your dependents will be hugely affected by this decision.
Finally if you are fortunate enough to be still accruing final salary pension benefits from current employment don’t even think about transferring out. It definitely would not be right for you.
PS. I am not a regulated financial adviser so I cannot prepare the required pension transfer report but I can guide you through the process and source a competitive report for you.
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