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DB Transfer - costs
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The Aviva abridged advice service looks a good option as I am looking to see if I can transfer a small DB pension. Thanks for this info.Neilb1969 said:I'm currently going through the process of a DB transfer. Looked at a lot of companies and ended up with LV Finance who charge a flat fee of c.£4600 including VAT. That's for full advice (they don't offer Abridged) and it's payable up-front. I'd also considered Aviva who offer abridged for £800+VAT which is then offset against final fee if you go ahead. Final fee for me would have been their max of £10775 (which is taken from the pension rather than up-front), but Aviva will only consider you if you're 53 or older. I'm happy with LV so far - did all the fact finding pretty quickly and now just waiting for them to write up the report and recommendation.0
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