Execution Only Services
Some clients do not want pension transfer advice and are prepared to accept the risk inherent in their own decision to transfer. If you know what you aim to do, you can transfer personal pensions, SIPPs, stakeholder pensions and retirement annuity plans (RAPs) without pension transfer advice.
If however, you have any occupational benefits or protected rights we would ask you to call us on 020 7337 0516 for more information.
To speak to a Broker about receiving pension transfer advice please call 020 7337 0777.
Should you decide to proceed with a transfer without pension transfer advice we would strongly recommend that you familiarise yourself with the terms in the disclaimer here.
If you still wish to proceed you can download the required forms below, or contact one of our Broker who will supply these to you:
Disclaimer
- You have neither sought nor been given any pension transfer advice or information from Killik & Co or any of its employees on the subject of pension transfers.
- You should check that the benefits from The Killik & Co SIPP will be at least as good as the plan you are transferring.
- As part of this process you should check that by transferring you are not losing guaranteed annuity rates (GARs) and/or that you are not suffering any transfer penalties.
- Terminal bonuses are normally payable at maturity on with profits policies. This may be lost on transfer.
- You should also check that there are no benefits which might be lost on transfer such as a higher tax-free cash entitlement.
- If the pension company is a mutual which at some point might de-mutualise then you would lose any potential de-mutualisation benefit.
- The new pension “simplification” rules from April 2006 could affect your decision to transfer. In particular if you have taken out enhanced protection then paying a contribution or making a partial transfer to The Killik & Co SIPP could negate this protection.
- I understand that the Killik & Co SIPP does not comply with ‘Stakeholder’ criteria which impose certain conditions such as limiting charges to a maximum of 1.5% per annum for the first 10 years and 1.0% per annum thereafter. I do however appreciate that the Killik & Co SIPP provides flexible retirement options such as Unsecured Pension which Stakeholder plans may not offer.