Wherever you are in the middle of your contributions or even if you have started drawing income from your pension you still have the right to request a move, especially if you think you could get a better deal elsewhere. Transferring a pension is not an unusual step but it is important to think about it very carefully before going ahead.
Enable’s independent financial advisors know that going ahead with a pension transfer could mean you lose valuable protection or benefits from your existing scheme so it is always best to really run through in detail the implications of transferring pension funds and what you should consider before you transfer pension to another provider.
Enable believe there are may be many reasons for considering a transfer of your pension that could be beneficial: you may have several smaller pots, combining them to create a larger single fund could be more valuable and easier to manage. You might of course be forced to find a new scheme if your existing provider is being wound up or forced to close. Or you may simply believe that you can get more money by transferring your pension.
Whatever the reason, there are many different pension transfer options that our experience IFA’s at Enable can help you to consider to make the most of your money.
Issued by: Enable Independent Financial Life Planners
25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE
No comments:
Post a Comment