Expert Pensions VLOG
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Understanding Pension Transfers – Should You Move Your Money?
Transferring your pension can open new opportunities, but it’s not the right choice for everyone. In this vlog, we explain what a pension transfer is, the potential benefits, the risks, and how to decide if it’s the right move for you.
Key Takeaways
A pension transfer allows you to move your savings from one scheme to another.
Benefits include more flexibility, wider investment options, and control over your retirement money.
Risks include losing valuable guarantees, exposure to market volatility, and possible tax implications.
Always seek regulated financial advice before making any transfer decision.