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Retiring in 2 weeks...scary times
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Went a week ago! A proper nights sleep and not wondering what the weather will do to the commute. Time to work on my hobbies and learn new skills. So good luck with your retirement. The best days still await ahead of us!5
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Six months to go approx and as I am involved in the import and sale of goods into UK from EU , I wish I had now gone this year .....3
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Your right, there are mostly negative posts on here regarding transfers, however i have just completed my transfer, went very smoothly, in fact I was surprised how easy it went after research on here.Albermarle said:
If you get a positive recommendation to transfer, then I think many pension providers will accept the transfer . If you get a negative recommendation then only a handful will . Aj Bell is one but Fidelity definitely will not accept a transfer in this scenario.Scallypud said:
It's been smooth so far. All my necessary forms have been signed off and the transfer will take place in a week or so..Tony4625 said:Who did you transfer with and was it a smooth transaction , if you don’t mind telling me.
You will need to take advice first before any pension provider will entertain your transfer.
AJBell and Fedelity are the two companies that i know of that are still accepting final salary pension transfer.
I hope this helps
There are hundreds of threads on this forum with people complaining about the difficulty is finding any advisor to accept this sort of work, more unusual to hear of one that seems to have gone smoothly. Also in the large majority of cases the transfer recommendation is negative. Basically they are scared that the client will blow the money too quickly /invest it badly and then sue them for facilitating the transfer.
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