If you are in a final salary pension scheme with deferred benefits in excess of £25,000 p.a and have not yet reached your schemes retirement age, you now have three options:
- Do nothing at all and hope everything works out for the best
- Try to do it all yourself from analysis to implementation
- Get an expert to do it for you so you can be sure you are taking the right steps
The principles behind transferring out of a company scheme are simple to understand but the execution is complex. You not only need to know what questions to ask but also how to interpret the answers. This will be a life changing decision. Take expert advice and don’t leave anything to chance.