Pension Transfer Service

We make your existing pension fund work harder for you!

Our independent pension transfer advice; includes an analysis of your pension alternatives; a comparison of benefits, charges and fund performance.

Pension Transfer Report

Fraser Financial Services provide a pension transfer analysis report FREE & without Obligation. 

Our complimentary pension review includes a recommendation of whether you might be better advised to:  

• transfer your pension fund to another fund within the current plan. We review the performance of funds available to you and identify the best most consistently performing funds. 
• transfer your pension to a stakeholder pension with lower charges. Pension charging structures have changed dramatically over the past few years. Following the introduction of stakeholder pensions, charges applied to new plans are far lower than in the past. 

If you are in an overpriced pension that offers poor value for money it may be possible to transfer to a cheaper plan. 

Transfer your pension fund to another plan with better performance. We offer a SIPP with a full portfolio recommendation and monitoring service. In this way we ensure your pension fund; together with any new contributions will be monitored to ensure they continue to perform. 

When Not To Transfer 

• Do not transfer from a pension scheme provided by your employer if they are currently making contributions to the scheme.   
• If you are risk averse you should probably not leave a "defined benefit" (final salary scheme) as benefits are effectively a promise from the employer to contribute enough money into the pension now and in the future to provide the promised pension at retirement.   
• Whereas, money transferred to a personal pension will be invested and subject to investment risk. 
• If you left a final salary pension scheme after 31/12/1990 the scheme must increase this deferred pay by the Retail Price Index (R.P.I.) capped at 5%.   
• However, some schemes, usually in the Public Sector will be more generous and allow their members’ pensions to increase in deferment at the same rate as the R.P.I. without imposing an upper limit of 5%, regardless of how high it may rise in the future.   
• Therefore - do not transfer from a public sector pension scheme, such as the nurses' or the teachers' scheme, even if you left their employment several years ago. These schemes also allow you to link periods of service if you return to public service after several years of absence.