How are defined benefit pension transfer values calculated?

In the past decade, huge numbers of people have transferred their final salary/defined benefit pensions to a SIPP or QROPS as Cash Equivalent Transfer Values have soared. However, since the start of 2022, these valuations have started to fall back and I have had numerous enquiries from people wanting to know why their pension transfer value has dropped. In this post, we will look at the nuts and bolts of how a defined benefit pension cash transfer value is calculated.

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What is an international SIPP?

Considering an International SIPP? This guide explains how overseas pension transfers work, the tax implications for expats, and how to find the right advice for your retirement.

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Retirement planning lessons for expats from Robert de Niro

According to an article in the magazine Page 6, even Robert de Niro’s finances have been affected by COVID19. The issue is his stake in the restaurant and hotel chain Nobu. Obviously, their venues have been closed or partially closed for months with barely any business coming in. This has dealt a big blow to his finances. According to his lawyer, Caroline Krauss, Nobu lost $3 million in April and another $1.87 million in May.

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