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Final Salary Pension transfer success
Scallypud
Posts: 118 Forumite
I would just like to inform anyone who is thinking of transferring there final salary pension to a SIPP it can be done. I have just transferred my pension with very little problems. It took about 3 months to complete with no fees. I would advise anyone considering this please take advice first as it's not suitable for all. The advice i got was not to transfer but i decided to ignore the advice and press ahead.
3
Comments
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No fees? Are you sure? I have never heard of that. Especially with the ban on contingent charging.
Was it under the £30,000 limit and so advice was not needed?I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.0 -
Where did you transfer it to?0
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Less than £30k value?0
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£243k going by OPs other posts..... hmmmm"You've been reading SOS when it's just your clock reading 5:05 "0
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It was A J BellSilvertabby said:Where did you transfer it to?0 -
It was for 245K in the endDazed_and_C0nfused said:Less than £30k0 -
I guess it depends on how you measure 'success'...Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!2
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A J Bell wont accept it without the advice disclaimer being signed by an adviser.Scallypud said:
It was A J BellSilvertabby said:Where did you transfer it to?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.0 -
It took about 3 months to complete with no fees
Is that true or did you mean with no fuss?
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Not possibleScallypud said:I would just like to inform anyone who is thinking of transferring there final salary pension to a SIPP it can be done. I have just transferred my pension with very little problems. It took about 3 months to complete with no fees. I would advise anyone considering this please take advice first as it's not suitable for all. The advice i got was not to transfer but i decided to ignore the advice and press ahead.0
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