The new Transfer Value Comparator (TVC) provides a very general “non-personalised” comparison between the scheme benefits and the proposed cost to replace these benefits with an insurer.
To provide more personalise results we have added:
Note: The Cost of Replacing Benefits at Retirement and Estimated Current Replacement Cost use the FCA assumptions for investment returns / discount rates + charges.
In addition to:
We believe that to achieve a meaningful comparison between the scheme pension and CETV offering the calculations need to use:
Our critical yield calculations show the yield required, allowing for all actual charges, to match the scheme benefits (assuming annuity purchase at retirement).
Please either fill in our contact form or email robert.briggs@briggs-murray.com to request a sample TVA/TVC report.