Cash Equivalent Transfer Value (CETV) Examples I Cameron James

Is your Cash Equivalent Transfer Value (CETV) a good deal or a bad deal?

Learn everything you need to know before transferring your UK Final Salary Pension.

A CETV is required if you wish to switch from a final salary scheme (Defined Benefit / DB Scheme) into a defined contribution scheme (SIPP, International SIPP or QROPS).

Learn from a professional with UK 10-years pension transfer experience, what you should know about your Cash Equivalent Transfer Value (CETV), and signs if it is a good or bad deal.

Book Your Free Consultation 📅
https://calendly.com/dominic-james-mu...

Chat Via WhatsApp 💬
https://wa.me/447870817830

Understand The Best Option For You 🖊
https://www.cjfinance.co.uk/contact-us/

Learn More - UK Final Salary / Defined Benefit (DB) Pension Transfers
https://www.cjfinance.co.uk/services/...

Video Timestamp:
00:00 - Intro
00:42 - What is a CETV?
01:17 - Example of Defined Contribution (DC) Scheme
02:07 - How is CETV Calculated
03:45 - How to Know Good or Bad CETV?
04:01 - Example of Multiple in CETV
04:49 - What is the Conflict in CETV?
06:21 - DC Characteristics
06:33 - DB Characteristics
06:44 - Process of Obtaining a CETV
07:24 - The Importance of LOA in Obtaining a CETV
08:26 - Process of Filling DB Form
09:36 - Reason Why You Need to Speak with Pension Transfer Specialist
10:41 - How to Find the Best Pension Transfer Specialist
13:41 - Closing

______________________________

What is a Cash Equivalent Transfer Value (CETV)?

A cash equivalent transfer value (CETV) is the cash value placed on your pension benefits. This is the amount that is available to transfer to an alternative plan in exchange for giving up your rights under the scheme. You will need a CETV to consider whether it is suitable to transfer a Final Salary Pension into an alternative vehicle such as a Self-Invested Personal Pension (SIPP) or Qualifying Recognised Overseas Pension Schemes (QROPS).

Learn more about SIPP, see:
https://www.cjfinance.co.uk/services/...

Learn more about QROPS, see: https://www.cjfinance.co.uk/services/...
______________________________

What will you Learn from this Video?

Definition of CETV:
● CETV are related to UK Defined Benefit Pensions
● CETV is a cash value placed on your pension benefits

How is CETV Calculated:
● The UK scheme calculates the one-off benefit of your UK pension
● Or Take Pension Through Annuity at Retirement

How to Know a Good or Bad CETV:
● Look at the Multiple
● The higher Multiple, The Better

What is the Conflict in CETVs:
❌ CETVs are very Valuable
❌ Transferring CETV means no Guaranteed Return

DC Characteristics
● 5-10 pages
● Simple Information

DB Characteristics
● 40 Pages
● Complex Information

CETV Obtaining Process
● Fact Finding
● Risk Profile
● Letter of Authority (LOA)

The Importance of Letter of Authority (LOA)
✅ Commutation Factors
✅ UK Funding Deficit
✅ 10-15 Days Process

Process of Filling the DB Form
● Completed a Final Salary Report
● Client Signature
● New Schemes (SIPP or QROPS)

How to Find Best Pension Transfer Specialist
✅ Regulated IFA
✅ Qualifications
✅ Google Reviews
✅ Testimonials
✅ Regarded in Industry

______________________________

Dominic James Murray, CEO and leading Pension Transfer Specialist. Cameron James, helping expats in 23 countries (including the USA and non-UK residents):

➡️ International SIPP - https://www.cjfinance.co.uk/services/...
➡️ QROPS - https://www.cjfinance.co.uk/services/...

Don't forget to subscribe for more videos about expat financial planning and pension advice!

#CETV #DefinedBenefit #UKPensionTransfer #FinalSalaryPensionTransfer #DefinedBenefitPensionTransfer #InternationalSIPP #QROPSUSA