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Drawdown providers

I am in the process of transfering my defered final salary pension to a private provider. What should I look for, in choosing a draw down provider? Any tips? Anyone to avoid?
Regards, Rich

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  • dunstonh
    dunstonh Posts: 119,819 Forumite
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    I am in the process of transfering my defered final salary pension to a private provider. What should I look for, in choosing a draw down provider? Any tips? Anyone to avoid?
    Regards, Rich

    It is likely you will need an IFA to carry this out (unless value of benefits is below £30,000 - unlikely as you wouldnt typically use drawdown on a fund below £30,000). This is what the IFA does. So, let them do it.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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