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Pension Freedoms has given people with Defined Contribution pensions greater control and flexibility over taking their benefits. This means your clients with Defined Benefit pensions may enquire about the pros and cons of transferring. There are many reasons to be cautious about advising on Defined Benefit pensions.
That's why at Scottish Widows we're focused on helping you achieve the right outcomes for your clients with our expert support. And with Retirement Account we have a flexible pension plan for your clients if transferring is the right thing to do.
Helping you achieve the right outcomes for your clients with:
If your client does wish to proceed with a DB transfer, we understand the importance of this being done as smoothly and efficiently as possible. That’s why we have a specialist team who:
A flexible product solution if transferring is the right outcome for your client
Email our specialist team with any of your Defined Benefit questions