Grove Pension Solutions
Following the implementation of our new fee structure, we can confirm that we now have a maximum fee ‘cap’. In short, our maximum fee for DB transfer advice is now £13,000, applying to any client with a transfer value of greater than £857,000
Whilst the decision to transfer or not will always be individual and dependant on client circumstances, it is very useful for any IFA to have an understanding of what is generally happening with transfer values in the broader sense, particularly if you
The FT Adviser have recently published this article written by our CEO Dash Ormond. Why are so many firms abandoning the defined benefit transfer market, LEBC being the most recent? To understand, you need to go back to when it all started. In 2015, then-chancellor...
The FT Adviser have recently published this article written by our own Managing Director Tim Flippance. Following the release of a recent survey by Aegon, it has become increasingly clear that more and more IFAs are rejecting the defined benefit transfer market to...
The FT Adviser have recently published this article written by our own Managing Director Tim Flippance. While defined benefit pension transfers have always been a notoriously slow process, in recent years timescales have increased markedly. In 2020, prior to the ban...
Describe the challenges with abridged advice on DB transfers. Explain when a client might get a negative result. Identify the impact of a large cash equivalent transfer value.
FT Adviser have recently published an article written by our own Managing Director Tim Flippance with the self-explanatory title “Factors to consider when clients are considering a DB transfer”. Read this article and claim 30 minutes CPD
Roundup of latest news for Introducing IFAs. Transfer Values, Seminars, Case Referrals – Small Transfer Values, Overseas Clients and our new website.
This is a question a lot of people are asking at the moment because most have seen their own transfer values reduce from where they were a year ago. It’s important, however, to add some context.