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Final Salary Pension Transfer Advice

Need professional advice from an FCA registered adviser?

You’re in the right place. We’ve the permissions and experience to advise on Defined Benefit and Final Salary pension transfers to help you get the best possible outcome.

Show me how

Not all advisers can advise

When it comes to specialist advice on Defined Benefit pension schemes, advisers need an additional level of permissions and qualifications. We have those, plus lots of experience.

Empowering you to make a choice

With personalised recommendations that account for all your circumstances and desires, not just the figures, we’ll remove the jargon and make your options clear.

Help with any pension scheme

Don’t worry if you don’t have a Defined Benefit pension, we also help with Defined Contribution pensions, employer pensions and private pensions. You’ll get great advice on whether transferring all, some or none of it is right for you.

Get the hard work done for you

No matter which pension scheme you’re in, if you decide transferring’s right we’ll take care of everything, working alongside your pension providers and dealing with the dull paperwork.

It starts with a chat

Let’s work out whether a final salary pension transfer is right for you with a free chat. You tell us your worries and we’ll talk you through your options.

We’re conveniently located and able to help those in the following areas: Stockton on Tees, Darlington, Middlesbrough, Hartlepool, Durham, Newcastle and surrounding areas.

Give us a ring on 01642 52 55 11.

It might be the best decision you’ve ever made.

FAQs My Defined Benefit Pension

Also known as a Final Salary pension, these are mainly funded by employers, although some employees pay in too.

They give a guaranteed future pension income based on a set formula. This is based on things like how long you worked for the employer, what your salary was and what percentage you paid into the pot.

The employer and pension trustees are responsible for making sure there’s enough money available for you to receive this guaranteed income for the rest of your life.

The downside is they’re a big responsibility and often very expensive for employers to maintain. This means they’re now becoming rare, with most employers offering Defined Contribution pensions instead.

A CETV is a cash value of the pension scheme benefits you’re entitled to from your Defined Benefit pension. It’s simply a way of giving you the option to transfer the value into another pension scheme. This could be done for a few reasons including greater flexibility.

If you’re considering transferring, your pension scheme trustees are required by law to confirm you’ve received advice from an FCA registered adviser with the correct permissions and qualifications to advise on defined benefit pension transfers when the CETV is larger than £30,000. Not all advisers have permission to do this, but we do. We’ll help you assess your options and give clear advice on whether transferring is best for you or not.

If you haven’t yet got a CETV for your Defined Benefit pension, your scheme might allow you to request one.

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