ADVISED
£132,921
Call our team today on 0161 388 8875
Experts In Final Salary Pension Transfers Advice
Are you Considering your final salary pension options? Confused and unsure where to start?
Our FREE Pension Assessment will provide you with a clear view of your options.
Complete our form and get clarity on your pension today.
We are:
FCA regulated and experts in DB advice
Pension Transfer Gold Standard approved
Part of an award-winning network
We Give Unbiased Advice.
Start Your FREE, No Obligation Pension Review Today
What Are The Benefits Of Transferring Or Cashing In A Final Salary Pension Early?
If you are 55+ and have a final salary pension you are not currently paying into or receiving, you can probably transfer it into a new flexible arrangement; and if you need to, release up to 100% as a cash lump sum, the first 25% is usually tax free.
RELEASE CASH NOW
Release 100% as cash a lump sum. The first 25% can be released tax free, the rest is taxed at your marginal tax rate at the time you take it, which could change in the future.
INVESTMENT FREEDOM
You take control of your money and invest it how you want, including how much risk you want to take and whether the option of ethical/green investments interest you.
FLEXIBLE RETIREMENT OPTIONS
You can take money out of your pension from age 55. You don’t have to access it all in one go, you now have more choice and flexibility in how you take it and when.
IMPROVED DEATH BENEFITS
You can ensure that any money invested in your pension will pass onto whomever you like, whether that is your spouse, partner, children or grandchildren or even a friend or charity.
No Obligation
Free Initial Consultation
Get your free pension review and receive specialist FCA regulated advice for transferring your pension.
Get Started Today
Receive expert advice for free. It’s only if you decide to proceed to full advice that a fee will be charged.
Testimonials:
Final Salary Pension Transfer
Know Your Options
If you would like to know your options we can provide a free no obligation consultation. As part of this we will look at:
- East Mid Lands
- Northern Ireland
- Greater London
- South East
- North East
- North West
- Scotland
- South West
- Wales
- West Mid Lands
What existing pension plans you have in place.
Whether you have the right type of pension to transfer.
What your plans are for retirement.
How much cash you can release.
Your taxation position.
Our initial free consultation will tell you if transferring your pension is not suitable.
In order to establish if transferring your pension is fully suitable for you, we will need to carry out further analysis, which means you agreeing to progress to full advice, for which there is a charge.
Which option is best for you depends on your circumstances, and what’s important to you. Everyone’s circumstances are different.
We guarantee that we will present you with a clear set of recommendations in plain English, only advising you to transfer your pension if we believe it’s in your best interest.
Furthermore, we will not hassle you with lots of calls and will only act on your behalf when you provide us with signed written confirmation.
Who Is Least Suited To A Final Salary Pension Transfer
You may be less suited to a Final Salary Pension Transfer if you cannot accept a lower income. For example, you may be considering a transfer because some features of a DC pension scheme appeal to you, such as flexibility or control of your money. But using these features often means having to compromise in other areas, such as the level of income you can take. This means you might struggle to achieve the retirement you want, for example:
If you want a higher tax-free lump sum you will have to take a lower income from your pension.
If you want to retire early your money will have to last for longer, so you will need to budget for a lower income over time.
If you want to control your money you will need to manage your investments and pay charges which will reduce the amount in your pension pot.
A Transfer Is Probably Not For You If:
This is your main or only pension.
You will rely on income from this pension.
Your DB pension meets your needs so you don’t Need to take investment risks.
You have dependants you might prefer some of the DB pension features, such as a guaranteed income rather than a lump sum.
A Transfer Is Probably Not For You If:
NON-ADVISED
£92,921M
Investments
Consumers with advisers save longer and contribute more to investment products, leading to an average of £40,000 more in investment value than those without advisers.
ADVISED
£59,000
NON-ADVISED
£38,918
Savings
Consumers who seek advice on cash-based saving products save an average of £20,000-£59,000 more than those who did not seek advice.
ADVISED
£175,121
NON-ADVISED
£92,616
Pensions
The average pension pot for consumers with financial advisers is nearly twice the size of those without advisers.
Why choose us?
Neo Wealth is part of an award-winning network made up of over 20 UK based individuals, advisers, technicians, and administrators. With 11 offices worldwide servicing over 20,000 clients.
We’re Accredited With The Pension Transfer Gold Standard So You Can Have Confidence In Us. Get Trusted And Impartial Advice On Your Pension Options Giving You Peace Of Mind, oh and we are also Chartered! because people are at the heart of what we do.
Who Is Least Suited To A Transfer
You may be less suited to a transfer if you cannot accept a lower income. For example, you may be considering a transfer because some features of a DC pension scheme appeal to you, such as flexility or control of your money. But using these features often means having to compromise in other areas, such as the level of income you can take. This means you might struggles to achieve the retirement you want, for example:
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