GBPensions have an overseas alliance which means that we can still assist clients with the transfer of UK Final Salary (aka Defined Benefits or DB) pension schemes of £30,000 or more.
Problems with DB pension transfers of £30,000+ have arisen recently as an inadvertent result of the UK's new Pensions Freedom rules. Under these guidelines, members of DB pension schemes wishing to move their funds must now seek advice from a financial adviser who is not only authorised by the UK authorities but who also has the appropriate UK pension transfer qualifications. An anomaly in the UK regulatory system means that very few UK advisers are permitted by the UK financial authorities to give such advice – even if they have the appropriate UK qualifications and are willing to do so.
Is your UK Defined Benefits pension worth more than £30,000? GBPensions' partnership means we can help with your pension transfer!
Bringing you news and updates regarding to pensions and events supported by GBPensions