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Sometimes you simply must take advice

There are some areas of pensions where you must take advice.

If your pension has what are called ‘safeguarded benefits’ of more than £30,000 you must take financial advice before you can transfer them to a different pension or take them as a cash lump sum.

Safeguarded benefits are company pensions which are defined benefit or final salary pension and personal pensions which have a guarantee such as a Guaranteed Minimum Pensions (GMPs) or Guaranteed Annuity Rates (GARs).

This is a complex area of pensions and you must get advice from a specially qualified adviser.

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If you want to make the most of pension freedoms you should start planning ahead and make sure your financial affairs are in good shape in the years running up to retirement.

William Burrows

William Burrows

Offices in London and Northampton

Call: 07730 435 657

Better Retirement Group Ltd

400 Pavilion Drive
Northampton
NN4 7PA 
 68 Lombard St
London
EC3V 9LJ

If you need help or advice - Contact us

As one of the most respected specialist retirement advisers, William Burrows and Better Retirement will be pleased to help you make the right decisions at any stage of your retirement journey.

Call or email now for a free and without commitment chat.