Article Summary

We are obliged to plan pension plan transfers from an early age, so that our pension money can be managed with a mature plan. Pensions can either be managed individually or by using a financial adviser. 

And what needs to be noted here, is that when we chose a financial adviser, they must understand our goals, needs, as well as financial situations when it comes to their Final Salary pension transfer. This is not only applies for US residents, but for residents of any country.

For US residents, there are some recommendations to help them understand what they should look out for and consider when it comes to their Final Salary pension transfer. You can also watch a video explanation by our CEO and Independent Financial Advisor, Dominic James Murray, about his 5 top tips for a Final Salary Pension Transfer for US Resident.

Work with SEC-Regulated Independent Financial Advisers

One of the most important things when it comes to your Final Salary Pension transfer is to ensure that you are working with an SEC-regulated Independent Financial adviser. The reason is that not only you are obliged to have FCA sign-off on your report, but you need to ensure that you are working with someone who is locally regulated in your state and also in your country. An SEC-regulated IFA will provide you with financial advice that suits you, as well as a regulated service in the USA.

Having an SEC-regulated IFA can also help you in case anything goes wrong in your Final Salary Pension transfer process. You can submit complaints immediately on the ground and get help as fast as possible without having to go to the UK.

Checking the IFA’s SEC regulation is a no-brainer and one of the things that you should do in your due diligence process. In general, you can check an IFA’s regulations by checking their website or licensing section. As for Cameron James, you can always check our regulations page.

Work With an FCA (Financial Conduct Authority) Regulated IFA

It is a legal requirement to get advice from an FCA-regulated financial adviser relating to your Final Salary Pension transfer if the value of your Final Salary Pension is above £30,000. Even if you have less than the minimum requirements, we advise you to get advice from an FCA-regulated IFA to ensure the safety and smoothness of your Final Salary Pension transfer.

Again, any IFAs who are SEC and FCA regulated have got you completely covered on any bases. If you have any trouble with your Final Salary Pension transfer along the way, you can easily make a complaint for compensation or get help to solve the issue.

IFAs are investing substantially in their licensing and in their regulations which is an excellent sign and shows that, obviously, they’re intending to be in the market for a long period of time.

Always Do Thorough Due Diligence

As a client, you hope that the financial advice you are given is correct and adjusted to your situation as well as objectives. However, the responsibilities are not lie in IFAs alone, you are also obliged to do some in-depth research on your financial adviser to be confident in their capabilities before choosing to work with them for your Final Salary Pension transfer.

To build trust between you as a client and your financial adviser, it’s a good idea to know about their background, experience, and qualifications as financial advisers. 

Next, ask about existing clients, or perhaps ask more profound questions about their experience as a financial advisor, such as how many pension transfers have you completed and whether have you ever worked with this scheme before.

In terms of Final Salary Pension Transfer for US residents, you should ask your IFA whether they are SEC and FCA regulated or not, as well as existing clients in the same state or city as you live in the US. If they do have existing clients in the same area as yours, it is an advantage for you to ask questions about the experience of working with the IFA to the existing clients to know how the IFA operates.

If you have difficulties finding existing clients in the same area as yours, you can always go to Google Reviews to see how the firm or the IFA is rated by their previous clients. In this way, you can get a clearer picture of the IFAs you’re about to work with and have more confidence in your Final Salary Pension Transfer for US residents.

Final Salary Pension Transfer for US Residents at Cameron James

Our firm has been in the UK Pension Industry for 10 years. Providing service to UK expats around the world, including the US, to give the best financial advice regarding UK Pension Transfer that is suited to their conditions and situations to meet their needs, goals, and future financial needs.

We are SEC and FCA regulated, which means our IFAs are regulated to provide our clients residing in the US with financial advice regarding their UK Pension Transfer. Let one of our IFAs help you by clicking the button on the right side to get your free initial consultation with one of our IFAs.


Our Founder & CEO -
Dominic James Murray

I have been in the UK Pension Transfer industry for over 11 years, and have witnessed seismic changes in the UK Pension rules over the course of that decade. Most to the benefit of the UK Chancellor or to Chequer!

My 5 years as CEO of Cameron James, have certainly been the most rewarding. My goal, has been a simple one. Provide clients with transparent financial advice on a low-cost basis, for them to make informed decisions to protect their families best interests.


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