Frequently asked questions

What is a pension transfer?

A pension transfer is the exchange of benefits from a final salary scheme in return for a cash equivalent value which is then invested in an alternative fund.

What is a pension transfer specialist?

A Chartered Financial Advisor with the CII (CFA) who is also a qualified Pension Transfer Specialist (holding the relevant FCA permissions to conduct pension transfer business including defined benefit schemes). With over a decade of experience in retirement planning, Claire is one of the top authorities on transfers and consolidation.

Do I need to get financial advice for a pension transfer?

Seeking expert help for this decision is only mandatory if the Cash Equivalent Transfer Value (CETV) is £30,000 or above. However, your decision should be based on an assessment of many interconnecting factors, and a qualified specialist can help you weigh up the pros and cons in your particular circumstances.