In this guide we will explain exactly what a final salary (or "defined benefit") transfer is, what has changed recently to make them a sensible option for an increasing number of people and why it’s a great time to look at this option.
This guide looks at how to generate secure, sustainable, tax efficient income in retirement from a collection of investments and investment accounts. As fewer and fewer of us buy annuities, or rely on defined benefit pensions to deliver this income, more and more of us are tasked with this key challenge.
To create the guide, we have combined the core skills of tax and investment planning with investment management. The guide focuses on using non-controversial tax accounts which are readily available to UK residents and UK tax payers and investing in the major global liquid investment markets. These accounts and investments can be arranged with as little, or as much effort on your part as you wish to make.
Tideway offers an end to end guidance, advice and investment management solution for members at retirement and looking to transfer out of defined benefit (DB) schemes. We provide highly regarded guides, workshops, and interactive online planning tools. We offer high-quality advice around DB transfers and
generating tax-efficient income in retirement. We have a unique institutional style approach to investing post-transfer. We offer innovation in advice and investment products for at retirement investors.
Tideway has particular expertise and experience in dealing with members who are in the financial services sector or who have long service, or who are higher paid with higher transfer values.
This guide gives further details about Tideway's member advice services.