Understanding the UK Pension Transfer Process
Our pensions are one of the most crucial financial investments we make and are there to provide a safe, comfortable and secure retirement enjoying all the things we love! However, the world of pension transfer can seem complicated, with multiple different types of scheme with varying pros and cons. Many Chase Buchanan clients come to us for help managing a combination of pensions, to find the best way to combine or utilize them – these can include: · Private pension plans · Personal Self Invested Pension · Overseas pension provisions · Restructuring pensions for expats · Auto-enrolment pensions · Employer pension schemes · Government pensions Let’s walk through how pension planning work, what your options are, and how using a financial adviser can maximize your income streams throughout your retirement. Pension Transfers Explained Your pension works like any investment; you make pay