Pension Transfer Bureau

Your client, our risk

DB Pension Transfer Bureau for Professionals

Grove Pension Solutions Ltd was established in 2007 and has always specialised in helping people with their pensions. Over this time, we have provided advice to literally thousands of individuals; some of that advice has been to transfer, some of that advice has been to leave their pensions where they are and not transfer – so you can see, our team has a wealth of hands-on experience.

As an industry leader in defined benefit pension transfers and pension release, we have now established ourselves as a name that can be trusted amongst those IFA’s looking for a Pension Transfer Bureau Service.

We can investigate and analyse any UK pension and deal with every stage of the process – which means we can support you in helping your clients achieve their aims.

We understand that the relationship you have with your clients is vital and can be undermined or strengthened by our involvement. Therefore, our focus is on fairness, balance and transparency, in both process and charges.

Quite simply, we will not recommend a transfer where it is not in your client’s best interest. Instead, we work hand in hand with you, being as flexible and accommodating as we can, to establish the best possible customer outcome and ensuring your reputation with your clients is enhanced and strengthened.

That’s why our specialist pension advisers are not financially rewarded by the number of cases they complete. They are measured by the quality of advice they give.

YOUR CLIENT, OUR RISK

YOUR CLIENT, OUR RISK

YOUR CLIENT, OUR RISK

As your professional partner, our aim is to help you develop your business; with Grove taking all the compliance risk, whilst you maintain your clients and ongoing servicing rights.

  • We are 100% responsible for the advice given.
  • We accept 100% of the compliance responsibility.
  • Upon transfer completion, your clients agency is transferred back to you.
  • You therefore retain your clients ongoing service rights / fees.

Experience

Our Professional Introducer Transfer Bureau Service has grown from strength to strength in recent years.

We have over a thousand registered professional introducers we work directly with, supporting them in helping their clients achieve their aims. We have a large dedicated team and have successfully completed thousands of transfers. To ensure a smooth and transparent partnership, we have created a straightforward process.

Once an Introducer Agreement has been signed and the Introducer Due Diligence Form completed, we will manage every stage of the process – from collating all the relevant information from the scheme, to producing a TVAS and Suitability Report, then completing the transfer.

We will keep you fully informed of progress at every stage, and have an open and transparent payment process, which includes flexible Introducer fees.

We have experience of dealing with nearly every major UK pension scheme and have details of more than 7,000 defined benefit pension schemes on our database, covering the significant majority of those in existence.

A few examples are:

  • Sainsburys Pension Scheme
  • Railways Pension Scheme
  • Allied Domecq Pension Fund
  • Lloyds TSB Staff Pension Scheme
  • Sainsburys Pension Scheme
  • Railways Pension Scheme
  • Allied Domecq Pension Fund
  • Lloyds TSB Staff Pension Scheme
  • National Grid UK Scheme
  • Barclays Bank UK Retirement Fund
  • Local Government Pension Schemes (LGPS
  • First UK Bus Pension Scheme
  • National Grid UK Scheme
  • Barclays Bank UK Retirement Fund
  • Local Government Pension Schemes (LGPS)
  • First UK Bus Pension Scheme
OUR FLEXIBLE PROCESS

OUR PROCESS

OUR FLEXIBLE PROCESS

We like to work hand-in-hand with our introducers to provide a bespoke, flexible process. This means that at key stages, you have the option to either carry out the work yourself or instruct us to do so on your behalf. These key stages are:

  • Client completed Enquiry Form
  • Client completed Health Data Form
  • Grove’s Fact-Find
  • Full CETV Ceding Scheme Transfer Pack
  • Ceding Scheme Early Retirement illustrations, where applicable
  • Most recent Workplace Pension Scheme information

Charges

How will you get paid

We have a competitive and fair charging structure, whereby your client can advance to a significant stage with our advice process for Free. We can also accommodate a maximum introducer fee when required, although this isn’t obligatory.

  • Triage – this is a free service
  • Abridged Advice – this is also a free service
  • Full Advice – a fee will be charged, irrespective of whether a transfer proceeds

For more detail about Transfer Bureau Pricing Information go to the resources page.

How will you get paid