Who we work with
If you are a financial adviser, we can accept pension transfer referrals from you if you are authorised and regulated by the FCA. We will work with you to ensure you are able to provide a professional and efficient service to your clients, whilst maintaining a personal relationship with them whilst we carry out the specialist work, keeping both you and your client informed throughout the process.
We are selective with the advice firms we accept referrals from in order to ensure we work with like minded, passionate firms and individuals. As part of our Introducer Arrangement we will go through an “Alignment Assessment” to ensure that our investment strategies, ongoing service standards and ethos are aligned.
Niche Pension Specialists does not accept referrals from those who are not authorised and regulated by the FCA.
The advice process
Our process will involve providing a full advice report and confirmation of advice declaration that is fully APTA compliant, and we will implement our advice where required on a fixed fee basis.
The investment strategy proposed will be in line with Niche Pension Specialists’ Central Investment Strategy, but will not use any exclusive providers or funds that would otherwise be inaccessible to other regulated financial advisers.
During the advice process and when required, we will speak with our mutual client to clarify their objectives and wider financial situation. Although we will treat the client in question as ours throughout the process, we will of course, with the consent of the client, keep you fully abreast of the advice process. Upon completion and fees being paid, the client will then return to you.
We will also reserve the right to check on the ongoing investment position, up to 3 years from the date of transfer, to ensure it remains in keeping with the strategies proposed in our advice. This will be to ensure the enduring alignment of our investment beliefs and ethos.
You, as a referring adviser, will be expected to sign an introducer agreement to reflect the above.
In order to submit a case to us, our requirements to consider a referral from a financial adviser, who is authorised and regulated by the FCA, will be:
- Completed Triage video (CashCalc), including management information printout
- Fully completed Data Capture Form (CashCalc)
- Fully completed Attitude to Transfer Risk Questionnaire (CashCalc)
- Fully completed Attitude to Investment Risk Questionnaire
- x2 client identification
- Signed fee agreement for initial fee
- Signed LOA from the client and full scheme details provided as per the attached Letter of Authority
- Early retirement Quotation/Early Retirement Factors & Commutation factors for relevant retirement age
- The client’s CETV must have a minimum of 2 months remaining on their CETV if already requested
In order to cover the time taken to gather the above requirements, Niche Pension Specialists will then pay the referring regulated financial adviser a fixed fee.