Flat fee IFA advice

shortseller09

Albermarle said:

OK , so you are trying to extract 'small pots' from a larger pension, as opposed to just withdrawing a pension itself worth less than £10K.
AFAIK, none of the mainstream pension/SIPP providers will do this, apart from Hargreaves Lansdown.( but there might be others )
Not sure of the exact reason, but could be that it is clearly exploiting a loophole, and therefore many providers do not want to be associated with it. Plus I would think there would need to be a system in place, plus some admin work involved, and probably just not worth bothering for the relatively few customers who might ask for it.

Yes that's correct. Investacc have recently offered the facility subject to financial advice.