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Armed Forces Pension Transfer

jloveday

Longterm Registered User
Joined
Aug 11, 2009
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143
#1
Hi all,

I have been looking at transferring my pension into an investment for my business, possibly into an office establishment or even a public house. Has anyone got any knowledge on the process of this? I was steered towards the following company:

Welcome to Ex Armed Forces Pension Transfers | Ex Armed Forces Pension Transfers

also known as Caledonian International Associates

any help is greatly appreciated

regards

Jloveday
 

Carl Dowd

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Mar 13, 2008
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#2
I'm no expert mate, but just be a little cautious..? Military pensions are paying better these days than any transfer scheme and annuities are 'Crap' @ the mo...

Just an observation buddy!

CD
Pensioner
 

Ivan67

Longterm Registered User
Joined
Nov 1, 2008
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#3
"But don’t just take us at our word, contact us to find out more about ex-armed forces personnel who took the opportunity to get in touch with us to understand their financial future."

Straight from their website..... So we should not take their word for it, we should contact them to find out more.

Perhaps I am just really f*cking stupid for asking but when you get in contact with them (the same people you should not trust) exactly who will they put you in touch with and what is their affiliation with the firm.

I only read the thread because I never heard of a pension transfer, I just get paid ever month. So naturally I wanted to know more and I clicked the link because I would like to know if transfering my 4,822.10 a month that is tax free would get me more money. Only to read I should not trust them, but I should trust them enough to call them and then trust whom ever they would put me in contact with.

Loveday, just looking from the outside in I would say if they contact you, DO NOT TRUST THEM, DO NOT TAKE THEIR WORD FOR SHIT. Just a what I think.
 

jloveday

Longterm Registered User
Joined
Aug 11, 2009
Messages
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#4
Cheers guys, have been researching them and a few guys on exforces jobs on Facebook have stated they are very good, i will tread with caution however and let you know what they email back. As they say if something is too good to be true, usually is

regards

Jloveday
 

Carl Dowd

Well-Known Member
Joined
Mar 13, 2008
Messages
4,114
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1,439
#5
"But don’t just take us at our word, contact us to find out more about ex-armed forces personnel who took the opportunity to get in touch with us to understand their financial future."

Straight from their website..... So we should not take their word for it, we should contact them to find out more.

Perhaps I am just really f*cking stupid for asking but when you get in contact with them (the same people you should not trust) exactly who will they put you in touch with and what is their affiliation with the firm.

I only read the thread because I never heard of a pension transfer, I just get paid ever month. So naturally I wanted to know more and I clicked the link because I would like to know if transfering my 4,822.10 a month that is tax free would get me more money. Only to read I should not trust them, but I should trust them enough to call them and then trust whom ever they would put me in contact with.

Loveday, just looking from the outside in I would say if they contact you, DO NOT TRUST THEM, DO NOT TAKE THEIR WORD FOR SHIT. Just a what I think.
4,822... s*it you must have had some awesome pension advice Brother, unless of course you are talking here of Kroner, Nepalese Rupels or the Botswanian Dollar! :)

CD
 

jloveday

Longterm Registered User
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Aug 11, 2009
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143
#7
Had an email back from these guys and they have sent me a form so that they can request details from AFPS and once that arrives they can discuss options with me so will keep you posted
 

LeeWhittakerandco

Full Registered User
Joined
Jan 6, 2012
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#8
HI Loveday,

It may be worth you having a look on the taxman's website HM Revenue & Customs: Transferring your pension about transferring pensions. We have heard some nasty stories in the past about clients transferring their pension then being stung with a 40% tax bill on the lump sum.

Getting good financial advise before making any decision with your pension is a must.

All the best,

Lee
 

jloveday

Longterm Registered User
Joined
Aug 11, 2009
Messages
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143
#9
Thanks Lee, I will certainly conduct a lot of research prior to making any decisions.

regards

Jloveday
 
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