Pension Transfers

Call us on 01202 622223 for a no obligation consultation

Transferring your pension can let you stay in control of your pension, and secure the best deal for you and your family.

Why should I consider a transfer?

In most cases you are unlikely to benefit by transferring a Defined Benefits pension. However everyone’s circumstances are different. You may be better off if you:

Wish to take benefits early and your current scheme wants to apply a penalty
Are in poor health and/or your life expectancy is short and you want to take a higher income
Need to secure a higher pension for your spouse/partner
Want to choose who receives your pension after your death
Want to be able to draw your benefits flexibly, such as to top up other sources of income or take ad¬hoc lump sums
Worry that your pension scheme may be underfunded and at risk of closure

Transfer incentives

Many large companies have found themselves unable to cover their Defined Benefit (salary-related) pension schemes deficits. Consequently they are offering financial incentives to employees wishing to transfer their benefits out. This might be a choice of a cash payment on top of the transfer value or an enhanced transfer value.

Some pension providers are currently giving incentives for individuals wishing to transfer their funds in.

Choosing the right scheme

We can help you to understand both the advantages and disadvantages in what could be one of the most important financial decisions you ever make. With our ability to choose from the whole of the market, we can advise you on which pension providers have the best track records. We want to ensure that your money is working harder for you.

Understanding the risks

Transferring a Defined Benefit pensions scheme scheme may result in you losing valuable benefits. It is not right for everyone, and may not be right for you. Therefore we provide you with a full investigation and report , and you will be given time to consider your options, without pressure.

If you choose to take a cash payment rather than an enhanced transfer value, you might have to pay income tax and national insurance on it and you’ll get less pension than if you had accepted the enhanced transfer value.

At Apex CB Financial Planning, we can help you to understand the risks and to make an informed choice for your future.

To find out more call 01202 622223 or contact us using our online enquiry form.

*Transferring a pension may not be in the best interests of all people. The value of pensions and the income they provide can fall as well as rise.

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Saving & retirement services

Wealth management

Successful investing can be one of the most difficult but rewarding aspects of managing your money. At Apex CB Financial Planning we’ve been helping our clients in Poole, and across Dorset and Hampshire, to manage their investments for more than 15 years. read more

Tax-free savings

In conjunction with True Potential, Apex CB Financial Planning is able to offer some truly innovative, technology-led savings options. impulseSave® is a first-of-its-kind technology that helps you add money to your investments in an instant. We believe that impulseSave® can change your habits and the way you invest your money for the better. read more

Pensions & retirement planning

Retirement planning is about making sure that you have enough money to live on when you retire. But it goes further than that – most people want to live and not just survive, so building a retirement fund should be one of life’s major goals. At Apex CB Financial Planning we offer specialist retirement planning advice. read more

Sustainable investing

Sustainable Investing for a Better World

Helping clients with successful and sustainable investing and wealth management is what we do. We have a strong belief that successful investing requires a sustainable approach. This is not only good for our world, but leads to better long-term growth of your capital. Research shows that sustainable investing leads to better growth. Companies that meet strict environmental controls are more profitable and more likely to survive. So, we encourage our clients to invest in strategies that have positive impacts on Environmental factors, Social Responsibility and strong corporate Governance (known as ESG or Impact Investing).

Impact investing seeks to generate social impact alongside financial return

This investment often brings together capital and expertise from the public, private and not-for-profit sectors to achieve a social objective. You can make investments into companies, organisations or funds, whether they be not-for-profit or for-profit.

You can also make Social impact investments to finance social services and social infrastructure. In these types of arrangements, payments are normally made based on achieving agreed social outcomes rather than on inputs or activities.

Social impact investing seeks to generate social impact alongside (not instead of) an acceptable rate of financial return for the individual investor.

Impact investing in the long term

A remarkable transformation is underway, reflecting an increasing awareness among businesses of the need to create a more sustainable world. This approach is recognises that investing towards this goal can enhance, not detract from, long-term portfolio returns. This is a significant opportunity for change, irrespective of the political forces that often seem to work in opposition to these interests.

Impact investing encourages a forward-looking view of where the world is heading, with investors essentially buying tomorrow’s leading companies today. It is taking a truly long-term approach to investing.

This focus on long-term value creation requires sustainable business models. Forward-looking companies are aiming to reduce their environmental footprint, reduce their fuel, energy and water consumption and create less waste. Similarly, a company that treats the workforce well improves long-term profitability, while badly-governed companies destroy value. This in turn leads to better growth and profitability.

Today’s consumers increasingly demand that companies act to preserve the environment and combat social problems. The UN Sustainable Development Goals, linked to the most important sustainability challenges that humanity faces, show that firms must therefore work harder than ever before.

In a challenging world, the way companies manage their impacts is integral to how they manage risk. Ultimately, this affects how they make strategic decisions.

The positive impact cycle encompassing a long term vision, sharing value, and investing for future growth leads to long-term value

Our sustainable investment partners

We give you peace of mind to get on with your life without worrying about where your money is invested. We know no-one has a monopoly on talent, so we work with some of the U.K.’s leading managers:

Our reputation as a wealth management company has been built over 240 years thanks to exemplary personal service and our drive to build and preserve the wealth of clients.

Image result for legal & general investment management — Legal & General Investment Management is one of the UK’s largest asset manager, offering investment services across the broad spectrum of asset classes.

LGT Vestra is a partnership between the executive partners and the private banking group LGT, owned by the Princely Family of Liechtenstein. When we set up LGT Vestra in 2008, our aim was to offer a fresh approach to wealth management.

Whether you are looking for more income, or just seeking better growth, please call on 01202 622223. Alternatively, complete our contact form to request an appointment – free of charge and with no obligation.

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