Potential DB transfer: initial information for client??
We want to provide our client with some initial information on potential DB transfer. We've got all the info from the DB scheme but before we request a TVAS report and send it to our outsourced pension transfer specialist, the client wants to know our initial thought (not advice of course) and perhaps some generic literature. The client is 45 so quite far from his retirement age hence it's really difficult judge his transfer value Vs projected income without TVAS & calculating the critical yield.
I sat AF7 a couple of weeks ago so quite new to DB transfers so any advice would be appreciated.