News

Final_salary_guide
Posted on 5th September by Vicky Harrison

Increase in Ex-ICI and British Steel Pension Scheme Member Enquiries

Here at Prismatic Wealth, we have seen an unprecedented inflow of enquiries from members of ex-ICI Defined Benefit Schemes, such as Lucite and Sabic, along with British Steel.

Changes to the structure of the scheme, such as the British Steel Scheme entering the Pension Protection Fund (PPF) and enhanced transfer values have encouraged members to seek advice from advisers who are qualified to advise on Defined Benefit transfers.

We are one of the few pension transfer specialists on Teesside and have three qualified advisers.  Simon DaykinWe have a great deal experience of dealing with British Steel, Lucite and Sabic, having advised many members of these schemes.  We produce all of our Transfer Value Analysis Reports (TVAS) inhouse and work on a fixed fee basis of £2,500 for the TVAS report and recommendation report and a further £2,500 for implementation, should it be in your best interests to transfer your scheme.

Our initial meeting is at our cost and you are under no obligation to proceed any further. 

Please have a look around our website where you will find a number of guides, brochures and magazines.