Group Pension Transfer

Group Pension Transfer – Pensionfinder








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Group Pension Transfer

Multiple transfers or bulk transfers can be a way of improving service, changing investment philosophy, reducing costs or just attempting to realise greater benefits for all the members of a group personal pension scheme.

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  • For – setting up a new pension, reviewing your pension, approaching retirement, looking into auto enrolment, and buying your annuity or entering income drawdown

    Annuities: Immediate Vesting Personal Pension Plan (IVPPP) – Compulsory Purchase Annuity (CPA) – Purchased Life Annuity (PLA)

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    Group Personal Pension Schemes Transfer

    It is never too late to change direction and quite often transferring existing Group Pension Schemes is exactly what is needed to get the members benefits back on track.

    Group Pension Schemes are transferred for many reasons including poor administration, underperformance and obsolete charging structures.

    Prior to transferring it is good practice to undertake a full review of the pension schemes assets and target member benefits to establish any potential shortfall.