DB to DC Partial Transfer

WYSPECIAL

Hi,
a DB scheme of which I am a deferred member allows partial transfers to DC schemes.
If I were to transfer less than the £30k threshold would I be required to take advise from an advisor who specialises in this or would it be the same as transferring a pension with a CETV of under £30k?

Marcon

You would be required to take advice where your total transfer is £30,000+, even if you only plan to transfer part of it.

WYSPECIAL

Marcon said:

You would be required to take advice where your total transfer is £30,000+, even if you only plan to transfer part of it.

So I can avoid the need for advise by transferring under £30k?

NottinghamKnight

WYSPECIAL said:

Marcon said:

You would be required to take advice where your total transfer is £30,000+, even if you only plan to transfer part of it.

So I can avoid the need for advise by transferring under £30k?

No.         

Marcon

WYSPECIAL said:

Marcon said:

You would be required to take advice where your total transfer is £30,000+, even if you only plan to transfer part of it.

So I can avoid the need for advise by transferring under £30k?

No, because your total CETV is over £30K.