Why You Should NOT Transfer Your Final Salary Pension!

Описание: Are you considering transferring your final salary or defined benefit pension plan? As expert financial advisers, we're often asked about the reasons why you should not transfer your final salary pension. However, the reality is that the majority of people are actually better off staying within their defined benefit final salary scheme.

In this video, Dominic James Murray, CEO & founder of Cameron James dives deep into the topic of pension transfers and why, in most cases, it's best to stick to your defined benefit plan.

🔥 Don't miss out on the ultimate guide to protecting your pension! Discover the truth behind pension transfers and gain valuable insights that could save you from making costly mistakes.

💡 Hidden risks of transferring your pension to a self-invested personal pension (SIPP) and sheds light on the benefits of staying within your defined benefit scheme.

💡Explores the role of the Pension Protection Fund and how it can provide a safety net for those with defined benefit plans. And also provides guidance on how to check the funding level of your scheme and ensure its stability.


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Video Timestamp:
00:00 - Intro
00:46 - The Reason Why You Should Not Transfer Your Final Salary Pension
02:33 - Aside from the Pension Transfer, You Have Other Options
03:13 - Considering Life Insurance
03:34 - Why You Should Not Take Your PCLS 25%
04:49 - Why You Should Consider Your Risk Profile
06:19 - Considering Time And Efforts
07:35 - Retain Client
08:28 - Outro

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References and Helpful Links:
https://www.cjfinance.co.uk/services/...

Learn more about the DB Pension Transfer:
https://www.cjfinance.co.uk/services/...

Learn more about our cost:
https://www.cjfinance.co.uk/our-costs/

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Key Points In This Video:

Why you should not transfer your final salary pension
❌No Investment Risk
❌Guarantee Pension Pot Growing (RPI,CPI)
❌No Investment Decision for The Rest of Your Life

Things you should consider when transferring your final salary pension
✅Life Insurance
✅Risk Profile
✅PCLS
✅Time and Efforts

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About Us:
The Pension Transfer Specialist for UK, EU, & USA Residents 🌏
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