Pension Transfer

Pensions Transfer


UK pensions are built up over a career and may not be structured ideally for their owners. There are many factors that can come into account when looking to change your pension arrangements. At Credence international we are fully equipped with the latest tools and knowledge to help you decide if a pension transfer will be a beneficial exercise and which are the best options for you. We have fully qualified advisory staff with independent access to many pension trustees and providers. Coupled with a market leading Investment proposition. We can make your pensions right for you.

Benefits of transferring pensions can include:

  • Better tax position
  • Passing of full benefits to the spouse or next generation
  • Elimination of Lifetime allowance calculations
  • More Investment choice and personlisation
  • More flexible drawdown of benefits suited to individual requirements

Self Invested Personal Pension Scheme’s can be tailored to the owner’s requirements, with more allowable underlying investment options and greater flexibility than a standard UK personal pension. SIPPS can be good idea if you have several pensions and would like to consolidate them into one more efficient portfolio or invest in a more tailor made portfolio. We use a variety of SIPP’s providers depending on our clients needs and have a variety of underlying investment solutions. Enquire on this page to receive a free guide to pensions and further information on SIPP’s.


A QROPS is a HMRC recognised pension scheme that meets the same requirements as a UK pension. There are various jurisdictions that a pension holder can use to domicile their pension and they then adopt this countries pension laws and use this countries tax treaties. With the ever-changing employment market and international movement of employees, QROPS can be an ideal solution for people who decide they will not return to the UK.

Benefits can include:

  • More Investment choice
  • Lower income tax rates
  • Lower death tax charges
  • Elimination of future Lifetime allowance calculations