Frozen Defined Benefit Pension Plan || What Is Frozen Pension Plan || Cameron James Pension Transfer
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Some of you might have one or more pots of frozen defined benefit pension. You might consider making it a drawdown or even transferring your frozen defined benefit pension. But is it possible? What is a frozen defined benefit pension? What are the implications for your retirement time? What are the options you can do with your frozen defined benefit pension plan?
In this video, our CEO and Independent Financial Advisor, Dominic James Murray, briefly explains frozen defined benefit pension. Furthermore, Dominic also explains your options and what you should do if you have a frozen defined benefit pension.
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Frozen Defined Benefit Pension Plan
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What Is A Frozen Pension Plan?
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Key Points In This Video:
• Definition of Frozen Defined Benefit Pension
• Options With Your Frozen Defined Benefit Pension
• Drawdown or Transfer Your Frozen Defined Benefit Pension?
• Important Things About Frozen Defined Benefit Pension
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Video Timestamp:
00:00 – Intro
00:31 – What Does Frozen Pension Plan Mean?
00:50 – What You Can Do With Your Frozen Pension Plan?
01:21 – Things To Consider Before Transferring Your Frozen DB Pension
02:08 – Things You Should Understand About Frozen DB Pension
03:36 – Outro
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