THE SIMPLYBIZ GROUP BOLSTERS PENSION TRANSFER SOLUTION

The SimplyBiz Group has announced the addition of a fourth partner to its DB pension transfer referral panel, Tuto. The Peterborough based firm joins Grove Pension Solutions, Pension help and Creative Wealth Management as part of the Group’s SimplyRefer proposition, offering options to advisers who are either unable to, or choose not to operate in the defined benefits transfer market but still want to meet the needs of their clients.

Gary Kershaw, Compliance Director of The SimplyBiz Group, commented:

“I’m pleased to welcome Tuto to our pension transfer panel.Whilst talking to potential partners and then undergoing the due diligence process with Tuto, I felt comfortable that its approach to upholding regulatory requirements, working closely with advisers and thoroughly evaluating the needs and circumstances of each client were in-line with those of the Group and our Members.

“The pension transfer panel is one of the most commonly used elements of our SimplyRefer proposition and, with around 25% of the approximate 3000 calls our pension helpdesk receives every month consistently made up of DB transfer queries, I imagine this will remain the case for some time to come.  It’s therefore essential that advisers have access to a broad range of options to help them appropriately handle DB enquiries with an expert, high-level service, even if they have chosen not to advice in that market themselves.”

Kim Bascombe, Managing Director for Tuto, added:

“We are delighted to join The SimplyBiz Group’s pension transfer panel and look forward to working with its Member and Client Firms very soon.  Our mission is to help clients make informed investment and financial decisions, through professional relationships based on uncompromising integrity, trust and personalised service, and we know this is aligned with the way in which the Group operates.”

The DB transfer referral panel is part of the wider SimplyRefersolution, which also includes estate planning, will writing, later life lending, care funding advice, protection, PMI and secured loan referral services.

The SimplyBiz Group has announced the addition of a fourth partner to its DB pension transfer referral panel, Tuto. The Peterborough based firm joins Grove Pension Solutions, Pension help and Creative Wealth Management as part of the Group’s SimplyRefer proposition, offering options to advisers who are either unable to, or choose not to operate in the defined benefits transfer market but still want to meet the needs of their clients.

Gary Kershaw, Compliance Director of The SimplyBiz Group, commented:

“I’m pleased to welcome Tuto to our pension transfer panel.Whilst talking to potential partners and then undergoing the due diligence process with Tuto, I felt comfortable that its approach to upholding regulatory requirements, working closely with advisers and thoroughly evaluating the needs and circumstances of each client were in-line with those of the Group and our Members.

“The pension transfer panel is one of the most commonly used elements of our SimplyRefer proposition and, with around 25% of the approximate 3000 calls our pension helpdesk receives every month consistently made up of DB transfer queries, I imagine this will remain the case for some time to come.  It’s therefore essential that advisers have access to a broad range of options to help them appropriately handle DB enquiries with an expert, high-level service, even if they have chosen not to advice in that market themselves.”

Kim Bascombe, Managing Director for Tuto, added:

“We are delighted to join The SimplyBiz Group’s pension transfer panel and look forward to working with its Member and Client Firms very soon.  Our mission is to help clients make informed investment and financial decisions, through professional relationships based on uncompromising integrity, trust and personalised service, and we know this is aligned with the way in which the Group operates.”

The DB transfer referral panel is part of the wider SimplyRefersolution, which also includes estate planning, will writing, later life lending, care funding advice, protection, PMI and secured loan referral services.