A rate rise usually leads to a reduction in the Cash Equivalent Transfer Values (CETVs) of Defined Benefit pensions. As a result, many expats could see the size of their pot reduce significantly.
With experts predicting more rate rises in the future, it’s likely that you will hear us and other advisers nagging you with uncomfortable urgency to obtain a transfer calculation for your DB pension.
There are many reasons why you might consider cashing in your DB pension, however this is not always the best course of action. Once you have that calculation secured, it will be guaranteed for 3 months and another sudden interest rate change can’t affect it, then you’ll have time to review your options properly.
GWM USA is part of the GWM Group and 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
The important thing now is to be ahead of the queue and have your calculation done before the change in interest rates. Once we have that calculation secured, it will be guaranteed for 3 months and the interest rate change can’t affect it, so then you’ll have time to review your options properly.
GWM USA LLC, 1450 Brickell Avenue, Suite 2180, Miami, 33131 FL
GWM USA LLC is part of the Guardian Wealth Management Group 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.
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