Five ways international pension transfers are changing
By Will Grahame-Clarke, 14 May 18
Pension transfers are “good business for good advisers”, according to Old Mutual Wealth, which has produced a five step best practice guide for international advisers.
Needs analysis
The needs analysis has changed significantly.
An adviser needs to carry out a full cash flow analysis and not just look at the pension in isolation but at all assets and future requirements.
Tags: DB pensions | Old Mutual
Christopher Lean says:
This assumes that there will be sufficient UK advisers either willing or, indeed, able to advise on DB transfers, particularly for non-UK advisers. Many will not have yet had their PI renewal terms. Far from an increase in transfers, there may be a levelling off or a decrease.