Pension transfer implementation

A smooth and efficient pension transfer implementation

Once you’re happy with the pension transfer advice we’ve provided, you can trust PX with the implementation of those plans. The type of advice we provide can only be given by a suitably qualified firm, and PX has the regulatory permissions to handle this for ALL of the pension options open to you.

Pension transfer implementation can be complicated and there are lots of things to think about before going ahead. It’s essential that you’re able to make a fully informed decision that is in your best interests. We will not act without your complete approval.

We help you understand your pension options

There are many possible outcomes from our advice. Typically this might involve:

  • Keeping the pension where it is as it’s already in the best place
  • a pension transfer (if recommended to be in your best financial interests)
  • establishing a pension drawdown
  • transferring your pension to a Qualifying Recognised Overseas Pension Scheme (QROPS) abroad.

We’ll make our recommendations as clear as possible, and we won’t gloss over any downsides.  There are always risks as well as benefits in transferring.  You need to understand these properly before making any changes and our adviser will explain everything in plain English, so you can make a fully informed decision.

Since we’re independent of any product providers, our recommendations will be based on the whole market. We will look at all the options available and recommend  the one that we think is best for you.

Once you have confirmed you wish to proceed with our recommendations, PX will implement this advice on your behalf, overseeing all aspects of the administration and paperwork.

We will ensure you’re made fully aware of any ongoing services, associated costs and payment terms. These will vary with your individual circumstances but will conform with transparency guidelines set down in law.

Speak to PX for pension transfer advice and solutions that are right for you.