Dave Hutchinson, CMA, CFP, BMath

PENSION TRANSFER

When changing jobs, if you leave a company where you had a pension plan, you will need to make some very important decisions. Specifically, do you:

a) Leave it in the old pension until you eventually retire, or

b) Transfer the value of the pension to a new plan.

If you have been a member of the pension plan for a number of years, the dollars involved can be quite significant – often in the hundreds of thousands of dollars. It is, therefore, very important to make the correct choice as the impact on your retirement lifestyle can be huge!

This is where I can help. My experience and technical expertise allows me to do all the necessary analysis and number crunching to guide you in making this proper decision. I have been assisting my clients in this area for more than 15 years. Making an informed choice with your pension involves a thorough and detailed analysis covering the following areas:

  • Interest rates
  • Investment returns
  • Income taxes
  • Risk factors
  • Life expectancy
  • Estate planning
  • Future flexibility

Financially speaking, this could be one of the most important decisions of your life. It is crucial that you get competent, professional advice.

How much does this cost?

 

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David Hutchinson, B.Math,CMA, CFP