We’re proud to be a firm that has met the criteria to achieve the Pension Transfer Gold Standard as set out by the Personal Finance Society. The Pension Transfer Gold Standard is a voluntary code of good practice for safeguarded and Defined Benefit pension transfer advice.

Important Notice: Bluesky are not currently taking on any new instructions for Defined Benefit transfers, however, we have left this page and the accompanying guide on our website for information purposes.  If you would like to discuss your wider financial planning requirements, please get in touch.

The Pension Transfer Gold Standard seeks to give Defined Benefit pension holders confidence when they are considering transferring out of a scheme. The nine core principles of the Pension Transfer Gold Standard are:

  1. Helping clients understand when advice is appropriate
  2. Ensuring advice given supports the clients’ overall wellbeing in the context of their stated objectives
  3. Ensuring client understanding and acceptance of all charges
  4. Ensuring the most appropriate and updated technical skills are applied
  5. Transparent management of Conflicts of Interest
  6. Helping clients understand the cost of transferring benefits
  7. Avoiding unregulated investments and introducers
  8. Transparency in advice processes and outcomes
  9. Promoting the Consumer Guide to the Pension Transfer Gold Standard

Firms that adopt the Pension Transfer Gold Standard must:

  • Have regulatory permissions for provisions or pension transfer advice. Therefore, we have demonstrated high levels of the financial and technical knowledge required to appropriately advise on pension transfers.
  • Not currently be under any form of ongoing regulatory sanction by the regulator or accredited body in this field of advice. You can, therefore, rest assured that we operate to the highest standards.
  • Have adopted all the principles of the Pension Transfer Gold Standard without exception. Accordingly, you can have confidence that we will uphold the above principles.

What our clients say about us

I approached BlueSKY about six months ago looking for investment advice. The meetings I had with BlueSKY were very informative and totally met my investment needs. The meetings were very professionally run, and everything was explained in very simple terms. My adviser formulated an investment plan that totally covered all my needs and requirements. Frank, Marlow A client of ours since 2009
Financial advice is a personal service that requires knowledge and expertise in the markets, but this must be tailored to individual needs and opinions. BlueSKY has achieved this for us for over 10 years. Derek, Newbury A client of ours since 2011
The BlueSKY team deliver in a responsive, efficient way, that leaves you confident you are in safe hands. The performance to date confirms that. I’m glad I switched to BlueSKY. My only regret...that I didn’t do it sooner! Peter, Caversham A client of ours since 2010

By working with a firm that has voluntarily committed to the Pension Transfer Gold Standard, you can be confident that you will receive the best possible advice, service and support when considering transferring out of a Defined Benefit pension scheme.

You can learn more about the Pension Transfer Gold Standard by reading the CII consumer guide here.

If you wish to know more about The Pension Transfer Gold Standard and how it relates to our practices, services and experiences, please do not hesitate to contact us.