Drawdown Your Pension

 
Pension Annuity Phone Number : 0845 83 87 811
Best Pension Annuity Home Seperator Free Quotes Seperator Pension annuity seperator Final Salary Transfer Tax Free Cash Seperator income drawdown seperator pension lump sum seperator FAQS / News  
     
Best Pension Annuity Social Media Visit the Best Pension Annuity page on Facebook Best Pension Annuity on Google+ Learn about Annuities and Drawdown on our YouTube Channel Business Connections  
 
Best Pension Annuity is a trading style of Platinum Financial Consulting
AUTHORISED & REGULATED BY THE FINANCIAL CONDUCT AUTHORITY 
 
Income Drawdown Customer Protection  
 
Check us now on the FCA Register. Number 227014
   
Pension Fraud Protection  

Do you need advice on transferring away from your final salary pension?

Use our quote form opposite and get a competively priced quote and comprehensive information pack

Since the introduction of Pension Freedoms in April 2015, there has been a dramatic increase in the number of people who have left their final salary pension (also known as Defined Benefit) to go into flexible drawdown. For many years final salary pensions have been considered the ‘gold standard’ in pension products, particularly as it would be almost impossible to use the transfer value to buy comparable benefits on the open market.

So why are people transferring away from their employer's pension scheme ?

There are two main reasons. Firstly, Pension Freedoms introduced a whole new approach to how people could use the money they had saved for retirement. Prior to their introduction, no matter what type of pensions you had, there was always a limit on how much you could take out in any one year. While this limit still applies to defined benefit schemes it has gone for those who have money in personal pension arrangements. Equally the death benefits available from flexible drawdown are considered to be significantly better. In certain circumstances it could be possible to pass a significant amount of money on to a loved one completely tax free.

The second reason is that recent low investment returns, low inflation, longer life expectancy and other key variables have all moved in such a way so as to create transfer values that have never been so high. It could be possible for somebody with a pension entitlement of £12,000 per annum to receive more than £500,000 if they chose to transfer.

Naturally such sums of money are attractive to customers, but equally people could overlook the long term benefit of a guaranteed index linked income offered by their final salary pension. For this reason a law was passed that made it compulsory for somebody who had a transfer value of £30,000 or more to be advised by a firm that hold special permissions from the regulator before any transfer could take place. Our firm has those special permissions.

If you are looking for a professional, efficient, friendly and perhaps most importantly a very competitively priced service then you are in the right place. Use our form opposite and you will get a fully priced quote and free information pack sent to your email account.  

 
You can call us on 020 33 55 4827 Now !!
Published : 11 April 2017
 
 
Get your FREE Drawdown and Information Pack
Flexi-Access Drawdown Instant Quote
By just answering a few simple questions we can provide you with a personalised Flexi-Access Drawdown quote and information pack
Total value of your pension funds :
£
Please enter to the nearest £ (pound)
 
Your Age :  
 
Your Email Address :
We will initially send all information and quotes
to your email account
 
You will be taken to a secure webpage
Drawdown Quote Panel
Flexi-Access Drawdown Quote Footer
 
Not sure of your Flexi-Access Drawdown Options
Flexi-Access Drawdown Left

Are you confused about your options under the new pensions freedoms ?

Do you want to make sure there are no tax surprises waiting for you ?

Can you take all of your Pension Pot in on go ?

Flexi-Access Drawdown Panel
Drawdown Options Panel
Flexi-Access Drawdown Helpdesk

Our friendly team can answer all your questions so that you can make an informed decision about what action, if any, you want to take. CALL NOW !!

Call 020 33 55 4827 for Flexi-Access Drawdown
 
 
Please Note : The new Pension Freedoms place a great deal of responsibility on the customer to make the right long term decision about their pension fund and how it is used. While Government Ministers say they "trust" people to make the right decisions, they will not have to deal with the financial consequences of a customer making the wrong decision. Your pension fund was intended to provide you with a long term income in retirement, if you take it all as one lump sum you may find yourself with little or no income during the later years of your life. This website does not give personal financial advice, you should think very carefully before making an irreversible decision. If you are in any doubt please seek independent financial advice or speak to the Governments free Pension Wise guidance service.
Annuity or Tax Free Cash Footer
ABOUT US | INITIAL DISCLOSURE | TERMS & CONDITIONS | PRIVACY POLICY | CONTACT US | DRAWDOWN NEWS | SITEMAP

Cookies Policy : The website does not use cookies and nothing is downloaded to your PC or Device

The information contained on this website is for information purposes only

This website DOES NOT contain personal advice based on your circumstances.

Platinum Financial Consulting
The Old School House, East End Road
Bradwell-on-Sea, Essex, CM0 7PY

Telephone : 020 33 55 4827           Fax : 0871 277 1422           Email : info@platinumifa.co.uk

AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY

Copyright © 2009 & 2017 Platinum Financial Consulting

FCA Registration Number : 227014

Pension Drawdown Specialists