If you’re considering transferring away from a Defined Benefit (final salary) pension, you’ll need to request a cash equivalent transfer value (CETV) to help you find out whether or not you would be better off in or out of the scheme.
Wren Sterling has signed up to the Pension Transfer Gold Standard, a new mark of quality in the pension transfer market awarded by the Personal Finance Society (PFS).
Investments made through pension wrappers have reached a new high of £13.4bn in the third quarter of 2017, up 66.3 per cent on last year.*
The figures showed the amounts coming into pensions through transfers was particularly high. For instance, transfers into self-invested personal pensions (SIPP) more than doubled over the past 12 months to reach £1.9bn.