Pension Transfer

To start your FREE pension review call 0845 519 6093 or click the link..

There can be much confusion surrounding pension transfers, and it's too late once you've swapped providers. Here we show you what Pension Reviewer do for you.

The Personal Pension Plan Explained

The Personal Pension Plan was established in 1985 as a way of ensuring that those employees who were not offered a company pension would still be able to save for their retirement through separate pension provision. A personal pension plan, also known as PPP, allows more flexible contributions to be made into a pension plan than those made through a company pension plan. Although the contribution levels are entirely up to the individual, tax relief is only allowed at a certain percentage of annual net salary, at specified stages. The personal pension plan is also seen as beneficial for those who are self-employed.

Personal Pension Transfer - The Basics

A personal pension transfer will involve transferring the funds from one pension provider to another. This means that all the contributions you have made so far can be transferred to another pension company and from that point onwards you will be making your contribution into the new pension provider.

Personal Pensions are normally transferred when people decide to change their jobs. This is often seen as the most beneficial time to undertake a personal pension transfer but financial advisers also warn that people should not just undertake the personal pension transfer without careful research and consideration. It also advisable to seek good professional financial advice in this matter. It should also be noted that people decide to make personal pension transfers when they are unhappy with the benefits or service of their current pension provider or when they believe that another pension provider may provide them with better benefits.

I would like a FREE pension review please

Excellent! You can contact one of the pension review teams in on of two ways either call our pension review helpline on 0845 519 6093 and ask for a “free pension review” or you can alternatively complete our online pension review form and one of the pension review team will call you back to discuss your pension review.

Our experienced advisors will talk you through your pension review step by step to establish the relevant information they need to process your pension review, the telephone call should only take 10 minutes and then they will go away to review your pension.