BP Final Salary Pension Scheme Advice
Do you have a BP Final Salary Pension? Read On.
BP operates two Final Salary Pension Schemes – the BP Final Salary Pension and the BP Defined Contribution Pension.
If you have a transfer value of £250,000 or more (final salary or money purchase) then we can:
Provide information on your options.
Explain why you should consider retaining your pension.
Advise you on how you can transfer overseas.
Help you avoid large transfer charges and unnecessary taxes.
No commission. Our advisers are fee based; they work to benefit you rather than service providers.
Yes! I would like more information on Final Salary and Safeguarded Benefits Pensions.
The residency, double tax treaty and local income tax rules need to be considered as part of any pension transfer advice. Failure to take account of these could result in significant tax demands.
BP UK Final Salary Pension
Requires a UK adviser with pension transfer permissions to advise – irrespective of your residency.
Be wary of UK advisers working with unregulated offshore advisers selling insurance bonds and QROPS.
Loss of guarantees upon transfer.
BP UK Defined Contribution Pension
The fund is a product of personal and company contributions and fund growth.
No requirement for UK regulated advice – greater danger of substandard advice and loss of pension income in retirement*
While there are no guarantees, there may be limited reasons to consider a transfer.
* All non-UK residents obtain UK standard pension transfer advice from us, irrespective of residency.
Due to the often transient nature of overseas employment, care should be taken BEFORE transferring any guaranteed pension scheme WITHOUT reference to UK-standard Chartered-level advice OR considering the substantial tax that could become payable as a result of the transfer.
Receive advice on what the best options are for your retirement.
BP Final Salary Pension Scheme Members – Avoid high taxes and commission, and find out what is best for your retirement.
Friendly overseas pensions and investment advice from an award-winning group of firms.
We all want to maximise the growth for the risk we take. You can do this by minimising charges, avoiding hidden commissions and following a risk-based investment plan.
Higher charges and commission mean your investment requires higher growth. Higher required growth means more risk! Lower charges with no commission means less risk for you and more growth! We can show you how to minimise the charges, increase the growth by using regulated firms that offer low charged products, and set in place investment plans.
As an expatriate, you may also have the advantage of being able to obtain greater growth on your pensions and investments.
Watch our video to find out how to achieve the best outcomes with a Final Salary Transfer and how NOT to be overcharged or scammed!
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Over the last 20 years we have wanted to change the status quo by focusing on making life better for consumers. Ferocious independence, due diligence, robust research, strict governance and procedures aligned with transparency on fees, charges and the “truth” have helped establish us as the “go to” award winning financial adviser.
Our research and persistence liaising with providers to deliver what is good for you, the consumer, means we can provide TailorMade intelligent solutions putting you first.
We provide a customer charter to our clients, and PLEASE NOTE we offer the most competitive terms, bettering any legitimate deal that can be evidenced.
We deal exclusively with pension providers that comply with both the spirit and the letter of the UK and US regulations.
We believe this to be in the best interests of our clients and in our own professional best interests. Uniquely we offer the best award winning UK IFA spectrum, combined with international experience and knowledge.
Our expert knowledge is provided by the “Aisa Group”. Internationally we have several firms in different countries both within Europe (including the UK) and outside of Europe, often known as Aisa International.
Aisa Group have been acclaimed in the UK for pensions, investment and tax advice – multiple finalists and 20+ times award winners between 2009 and 2018 including UK Investment Excellence awards, UK Pension Awards won and tax planning awards from publications including FT.
Advice provided by the multi-award winning Aisa Group.