FOR ADVISERS ONLY
Transfers
Safeguarded benefits
The Pension Schemes Act 2015 introduced the concept of safeguarded benefits from 6 April 2015. It also placed a requirement on some individuals to take financial advice before they can give up safeguarded benefits. We take a look at what safeguarded benefits are and when an individual needs to take advice to give them up.
Overseas transfers
What are the rules regarding transfers to overseas pension schemes?
Transfers in drawdown: our top five frequently asked questions
We look at transfers in drawdown in the latest in our series of top five FAQs on pensions technical topics.
Defined Benefit transfers
Three things to think about
Advisers are receiving an increasing number of requests from clients looking to transfer their pension from defined benefit schemes to personal pensions. In this article we look at the 3 main topics we get questions on.
More support needed for DB transfer advice - new research from Royal London and LCP
A joint research paper by Royal London and consultants LCP has identified major problems in the supply of advice for members of defined benefit pension schemes who are considering transferring out.
FCA Defined Benefit Advice Assessment Tool
The FCA Defined Benefit Advice Assessment Tool can help adviser firms understand how the FCA assess the suitability of Defined Benefit (DB) pension transfer advice.
CPD | Pension transfers – look before you leap – In this webinar we investigate the things advisers should consider when assessing the suitability of a pension transfer. We also cover the many consultation papers, policy statements and guidance documents issued by the FCA over the last few years and the changes for pension transfers that came into effect on 1 October 2020.
CPD | Policy statement PS20/6 - pension transfer advice: feedback on CP19/25 and our final rules and guidance podcast – Here we discuss policy statement PS20/6 and guidance consultation GC20/1 in more detail, including the ban on contingent charging that will take effect from 1 October 2020, and other significant changes, and what this means for advisers.
Tax-free cash protection
Protecting tax-free cash on transfer is, and always has been, one of the most popular queries we receive. More specifically, what happens if an individual who is entitled to tax-free cash of more than 25% is transferring to another plan?
In specie transfers
In specie transfers involve a transfer of assets between two pension schemes, and usually involve shares, property and/or funds.
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