Flexible Drawdown | Final Salary Transfers | Pension Solutions - Call 020 33 55 4827 Now !!
 

Pension Sharing Order

Best Pension Annuity is a trading style of Platinum Financial Consulting LTD    
AUTHORISED & REGULATED BY THE FINANCIAL CONDUCT AUTHORITY    
Flexi Access Drawdown Home Get your Free Flexi-Access Drawdown Quote Final Salary Pension Transfer Get Tax Free Cash from your pension IFAs & Introducers
Your Pension Fund is a valuable asset that was intended to provide income in your retirement.  Please think carefully before making an irreversible decision
 
flexi access drawdown details
 
 

If you are going through a seperation or divorce and need to deal with a Pension Sharing Order you are not alone. Our friendly team is here to help

Many people find pensions confusing and complicated, if not a little stressful. If the need to sort out a pension is also related to a divorce or separation, then things can get very stressful. Hopefully this is where we fit in.

Historically there have been several ways that a pension can be shared following a separation, but nowadays a Pension Sharing Order is used. This is an order sealed by the Court which dictates the percentage of your former partners pension you will receive. Most importantly the pension is transferred into your name and will be directly paid to you. This takes away the need for you to rely on a former partner making payments to you, or you having to chase them to make payment. For this reason, Pension Sharing Orders facilitate a clean break between the parties which is considered the most appropriate outcome thereby removing the stress and emotional distress that are commonly experienced following a separation.

Pension Sharing Orders can be applied to all types of pensions, not only personal (private) pensions but also company pensions including final salary pensions. With the order you are free to use the money however you wish and can use or select any type of pension product from any provider. It is important to be careful at this stage, particularly in the case of a final salary pension. It isn’t compulsory to put your pension into drawdown. The final salary pension scheme rules may allow you to stay in the scheme in your own right. This means that you could receive a guaranteed index linked income for life which could be better and more suitable than taking the pot of money and transferring into a private pension.

Of course, it is likely that there will be other financial problems that you may face. You may need to move home or repay a mortgage. Other savings or assets may need to be considered. Do you have any specific health issues, do you want to leave a legacy to the rest of your family. Are the death benefits in drawdown an important consideration for you. These and many more issues will be considered in any advice we provide to you.

Perhaps most importantly we would suggest that you will need the help and advice from pension professionals who not only understand what your financial options are but equally understand the issues you are facing and therefore work with you giving you the time you need and helping you at every step of the way. Over the years we have received outstanding feedback from our customer particularly about our friendly, professional and customer focused approach. We never rush or push a customer, instead we give them all the information they need so that they are making informed decisions. We are very proud that the overwhelming majority of our customers have scored us 10 out of 10 in living up to the claim of offering a good old fashioned personal service via the internet.

If you are going through a divorce or separation or are in receipt of a Pension Sharing Order call us on 020 33 55 4827 and talk to one of our specialist pension advisers. You can also send an email to help@platinumifa.co.uk .There is no obligation to use us, but we are sure that you will find us willing to help you and answer any questions you may have.

 

Article writtten April 2020



Nothing in this article should be taken as personal advice and recommendation. UK tax rates and legislation are liable to change. Products, concepts, rates, legislation and rules referred to in the article above may not be current at the time you read the article.
 
Get your FREE Drawdown and Information Pack
Defined Benefit Pension Transfer Advice
By just answering a few simple questions we can provide you with a personalised Flexi-Access Drawdown quote and information pack
Total value of your pension funds :
£
Please enter to the nearest £ (pound)
 
Your Age :  
 
Pension Type :  
Please select most appropriate option
Your Email Address :
We will initially send all information and quotes
to your email account
 
You will be taken to a secure webpage
Google Chrome users may need to alter browser settings
Drawdown Quote Panel
Flexi-Access Drawdown Quote Footer
 
Tax Free Cash Testimonial
 
In the course of building up and running a business over 35 years, I have communicated with literally hundreds of organisations and people. I can say without doubt that Platinum Financial Consulting is the most dedicated and efficient service I have ever encountered.
Mr Todd
Score : 10 out of 10
 
10 out of 10 Pension Lump sum Service
 
Before you make any decision, it is imperative that you are fully aware of flexible drawdown pensions and the vaious ways it can be used. It is also impportant that you understand how your money is invested and any potential tax issues. At Best Pension Annuity, we have been assisting shoppers to make use of their pension funds in all manner of ways. We are exceptionally proud of the feedback our customers give us. If you have any question about flexible drawdown pensions or how we can help, please don’t hesitate to contact us. You can call us on 020 33 55 4827 Now !!
Get instant help from our friendly no-obligation UK Helpline
Platinum UK wide Pension Service
good old fashioned personal service via the Internet
 
 
Please Note : The new Pension Freedoms place a great deal of responsibility on the customer to make the right long term decision about their pension fund and how it is used. While Government Ministers say they "trust" people to make the right decisions, they will not have to deal with the financial consequences of a customer making the wrong decision. Your pension fund was intended to provide you with a long term income in retirement, if you take it all as one lump sum you may find yourself with little or no income during the later years of your life. This website does not give personal financial advice, you should think very carefully before making an irreversible decision. If you are in any doubt please request our independent financial advice service or speak to the Govenment's free guidance service Pension Wise.
 
above details about casing in your annuity
 
flexi access drawdown regulation
  This website is for information purposes only.
This website DOES NOT contain personal advice based on your circumstances.
 
  ABOUT US | INITIAL DISCLOSURE | TERMS & CONDITIONS | PRIVACY POLICY | NEWS & FAQS | FINANCIAL ADVISERS | SITEMAP | MOBILE SITE  
 


Best Income Protection is a trading style of
Platinum Financial Consulting Ltd

Registered in England. Company Number : 5985049

Registered Office Address : The Old School House, East End Road
Bradwell-on-Sea, Essex, CM0 7PY

 
 

 

Telephone : 020 33 55 4827            Fax : 0871 277 1422            Email : info@platinumifa.co.uk

AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY

Copyright © 2015 & 2020 Platinum Financial Consulting

FCA Registration Number : 827772

 
 

Flexi-Access Drawdown | Final Salary Pension Transfers & Advice | Annuities | Pension Solutions

 
annity trading forum