No future surprises

Advisers can add significant value to a client's retirement planning by providing advice on pension transfers. Currently there are around 69,000 pension schemes in the UK, holding total assets well in excess of £1,000 billion with millions of members needing advice. Essentially, advising on whether or not a client transfers out of their DB scheme should be approached using the same principles employed when considering any kind of financial planning solution. The key question of suitability remains paramount and so the client's situation will be assessed, their attitude to investment risk ...