With the continuing focus on Defined Benefit (DB) Scheme transfers, you need to know that whatever you do will be robust enough for any potential future issues. Accordingly, we have teamed up with Money Alive who are a Financial Conduct Authority (FCA) approved source to offer potential clients a video learning journey on the advantages and disadvantages of DB transfers.
Where a client may have a limited or basic knowledge about their existing pension arrangements, at Pension Income Planning Ltd we believe it is best practice to increase their knowledge by using the Money Alive experience.
What is the Money Alive experience?
Money Alive is a collection of 14 short client friendly videos totalling 72 minutes to help educate clients on what DB schemes are and the dangers of transferring.
The videos are FCA approved and we are able to monitor when the client has completed the journey and confirmed their understanding of each section.
Who benefits from the Money Alive experience?
We believe all parties benefit from this facility. A client can view the content at their own pace and it has been designed to be impartial.
If you are an introducer, you do not have to stray into the advice area by giving information on a client's existing scheme.
Pension Income Planning Ltd will be dealing with clients who have obtained a certain level of knowledge before making a decision to seek advice.
Value of the Money Alive Experience
We believe resources such as Money Alive are beneficial in educating the client in the things they need to know and think about if they are considering transferring a deferred final salary pension.
Pension Transfer Advice - Ready to arrange your initial consultation or want to find our more?
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