Defined Benefit Pension Transfer Advice: 3 Mistakes To Avoid With Your DB Pension Transfer
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Your DB pension is one of your most significant retirement assets, especially if it is your primary retirement asset. As a result, one of the significant reasons for planning for the future is to take into account your UK pension. Furthermore, even if the transfer is suitable for you, you should be mindful of the type of provider and investment you have been offered.
Dominic James Murray, Founder, CEO and Independent Financial Adviser (IFA) at Cameron James answers the question as well as other perspectives you need to understand 3 Mistakes To Avoid With Your DB Pension Transfer. Watch the video to know the possibilities and implications as explained by the Pension Transfer Specialist with over 10 years experience (including the USA and non-UK residents)
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Defined Benefit Pension Transfer Advice: 3 Mistakes To Avoid With Your DB Pension Transfer
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3 Mistakes To Avoid With Your DB Pension Transfer
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Key Points In This Video:
3 Mistakes to Avoid with Your DB Pension Transfer
❌ Avoid Bond Providers & Investments Which Have Exit Penalties
❌ Do Not Mess Around With Your Cash Equivalent Transfer Value (CETVs)
❌ Never Work with Non-FCA Regulated Financial Advisor
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Video Timestamp:
00:00 - Intro
00:47 - Rule 1. Avoid Bond Providers & Investments Which Have Exit Penalties
04:20 - Rule 2. Do Not Mess Around With Your Cash Equivalent Transfer Value (CETVs)
06:45 - Rule 3. Never Work With Non-FCA Regulated Financial Advisor
07:45 - Outro
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