Hello new friends.

Blackbeard_of_Perranporth

Blackbeard_of_Perranporth wrote: »

BoP interprets for most of us who cannot wait.


OP transferred their DB Pension scam at age 55, spent his dosh and wants recompense. We await his good news!


Don't worry, his good fortune will soon go up in smoke like the last bag of cash.


Dave, aged 58 and a quarter!

ZingPowZing wrote: »

Ok, short story: you have to buy financial advice if you're looking into transferring a DB pension. I hired a Hargreaves Lansdown adviser. They recommended I do nothing, I insisted on transferring (so, just about the opposite from the assumption someone made above). I have absolute control of that SIPP now and I am very content but, for an insistent client, Hargreaves Lansdown is absolutely the worst choice. That's the warning I want widely seen. I shall put it on the pensions forum when the FO publish the case.

Kind regards.
ZingPowZing

Didn't get the fact you transferred your DB Scam wrong did I?

[Deleted User]

Happy to accommodate.

[Deleted User]

This is why I'm reluctant to engage before I can post a link.

What is Blackbeard babbling about? There was no "DB scam."

[Deleted User]

Cheers, Peter Baker.
Finally somebody on my wavelength.
More to follow..hopefully a link to the ombudsman's final decision.

[Deleted User]

Hypocritically, Hargreaves are quite happy to accept DB transfers at second remove.

Their decisions are predicated on their liability for potential compensation claims in the future.

Blackbeard_of_Perranporth

ZingPowZing wrote: »

This is why I'm reluctant to engage before I can post a link.

What is Blackbeard babbling about? There was no "DB scam."

We are awaiting news on your good fortune, but at the moment all you have is a mouth of hot air?

[Deleted User]

I have raised the concern on the pension board, probably sits better there..