SimplyBiz has appointed Retirement Solution Services (RSS) to its defined benefit (DB) pension transfer referral bureau panel.
RSS is a division of Hoxton Capital Management, also a member of the panel, and will offer pension transfer services to UK based clients. Hoxton will provide services to clients based outside the UK.
The addition takes the number of member on SimplyBiz’s pension transfer panel to 10, and RSS joins existing panel partners HUB Pension Consulting, Origen, Pension Works, P&B Wealth, Aviva Financial Advice, Grove Pension Solutions, Pension Income Planning and Pensionhelp, as well as parent company Hoxton Capital Management.
The bureau offers an outsourcing solution 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 in this area.
SimplyBiz adviser services director, Marc Thompson, commented: “I’m delighted to announce the addition of RSS to our Pension Transfer Bureau. It is an expert and specialist firm, with a focus on delivering excellent service to both the client and the referring adviser.
“RSS is committed both to seamlessly fitting its service to an adviser’s holistic proposition, and providing further education for advisers in this critical area, and I’m sure members will welcome them to the panel. As always, where we can strengthen our support to ensure better, and suitable, outcomes for both advisers and clients, we will move quickly to do so.”
RSS director, Nathan D’Cruz, added: “We are delighted to be part of the panel and greatly appreciate all the support we have received so far from the team at SimplyBiz.
“We are looking forward to building healthy relationships with SimplyBiz Members by supporting companies looking to provide defined benefit pension transfer advice as part of their service. We also look forward to being part of a wider association and believe that we can strive to improve competence in the financial community together.”
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