PENSION TRANSFERS
We always carry out a detailed analysis of your personal circumstances before making any recommendation to transfer your pension. Our advice process is comprehensive and follows certain steps.
In the first instance we will discuss our services and the cost of these services at our initial meeting. Once you have confirmed you are happy for us to proceed to the next stage, we will complete what is known as a factfind. This is a detailed questionnaire allowing us to understand your circumstances, needs and objectives.
We will also discuss and ascertain your attitude to investment risk. This will include discussing your knowledge and experience of investing money and how much risk you are able and willing to take.
We will carry out research of your pension scheme and provide a transfer analysis. This report will include a detailed comparison of the benefits available in your current pension scheme, compared against the benefits available in any proposed new product.
The report will detail the cost of replacing the benefits that are being given up and compare areas such as death benefits, income levels, tax-free cash and income sustainability.
As well as a transfer analysis we will provide a suitability report detailing our advice.
This comprehensive report will pull together your needs and objectives together with our recommended solutions to meet those needs. This report will include the advantages and any disadvantages of transferring, as well as considering your future needs and objectives.
Whether a pension transfer is right for you or not is an individual decision which should be made after reviewing detailed information based on your present set-up and future requirements.
Contact me. I will be happy to conduct a free review of your current circumstances and help with whatever questions you may have.
Rob.
E: robert.gourlay@holbornassets.com T: (+6) 01151565649 W: www.rgwealthsolutions.com
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