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Supporting your Defined Benefit advice from start to finish

Supporting your Defined Benefit advice conversations

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.

Expert support

Helping you achieve the right outcomes for your clients with:

Defined Benefit - Proposed FCA changes explained
Ensure you're up-to-date with the impending FCA pension transfer changes with our short Defined Benefit film.
Defined Benefit advice and CP19/25 - Changing times
Stay up-to-date on the future of pension transfers with our analysis of the FCA's Defined Benefit consultation paper.
Client Defined Benefit Guide - Thinking of Transferring your Defined Benefits
Provide your clients with information on the process and the options available to them.
Adviser Defined Benefit Guide
The key things to consider when reviewing your client’s suitability.
DB Advice and PS18/20
Summary of the FCA's revised DB Advice rules.
DB to DC Checklist
To help you talk through the key points about transferring out of a Defined Benefit pension with your clients.
Techtalk - Your Guide to Defined Benefits
Our financial planning experts provide support on key compliance issues.

Servicing support

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:

  • Complete DB transfer/discharge forms and issue the same day
  • Issue completed forms to the ceding scheme by special delivery
  • Email copies of completed transfer/discharge forms to the ceding scheme if required.

Retirement Account

A flexible product solution if transferring is the right outcome for your client

Find out more about Retirement Account

Email our specialist team with any of your Defined Benefit questions

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