Our FREE Update explains how recent global developments affect you as well as how benefits of a pension transfer can include :
Since the biggest change to the UK pensions industry in 2015 which introduced greater investment freedom for those with private pensions, expats have had to deal with the uncertainty of Brexit, fluctuating exchange rates, and the collapse of pension funds such as Carillion, BHS and British Steel.
We have also seen the Cash Equivalent Transfer Values of Final Salary pensions hit all-time highs, and watched them fall after the recent interest rate increase.
Moving forward, there is uncertainty about further raids on pension schemes and concerns over businesses guaranteeing their pension funds.
However, understanding is the key to planning for the future.
Understand how to use your expat status to your advantage, how to increase your pension and grow your nest egg.
Claim your FREE guide now and discover:
You should always consider speaking to a financial adviser regardless of the size of your pension pot. However, if you have a defined benefit pension that is worth more than £30,000 and you want to transfer it to a defined contribution pension scheme, you are required by law to obtain professional advice.
10.6bn transferred out of schemes
Figures from the Office for National Statistics show a record £10.6bn was transferred out of certain schemes in the first quarter of 2018. Whether this is the right decision for you is hard to say without having a clearer understanding of your present situation and your future investment goals.
GWM is one of the few planning companies to have an in-house Investment Committee comprising both internal and external specialists. All overseen by our own in-house Chartered Financial Analyst. All UK pension advice is supported by G60 qualified, UK Chartered Financial Planners ensuring you have access to the very best possible advice on your UK pensions.
At GWM we know how unhelpful generic advice can be, especially when it comes to your plans for the future. That’s why, as part of our award-winning service we offer a comprehensive pension and retirement review. To start the process, simply download your free E-Book to read expert and qualified advice about what options are available to you.
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GWM USA LLC is part of GWM for all Group regulatory details please visit https://gwm-usa-llc.com/about-menu/regulations. GWM USA LLC through its advisors offers investment and financial advisory services through Beacon Global Advisor Network, LLC (BGAN), a registered investment adviser with the Securities and Exchange Commission (SEC).
SEC number : 801-110724 : CRD number is 288833. Registration with the SEC does not imply a certain level of experience or education and does not mean the SEC approves or endorses BGAN.