Pensions question

[cinque]

I'm putting the wheels in motion and want to get my future plans sorted.

Our firm has recommended an IFA and they have produced a detailed report.

All seems fine and dandy.

However the firm they use to "allocate" the pension fund is Transact. I know nothing of this firm and my obvious concern is how safe my money is, in case anything goes belly up? Press reports from a few months back suggest SFA fines etc all of which has me worried.

I've held back pulling the trigger and have asked the IFA for reassurance by way of legal documentation as to the integrity of this company.

[F458]

Transact are a big platform provider that your ifa will use to buy and keep track of your investments. I think they are independent and not owned by a big life company so very independent. Don't worry.

[F458]

https://www.transact-online.co.uk/faqs

[cinque]

Tks

Have been through all the FAQs

It's http://www.ft.com/cms/s/0/06462d10-21b3-11e1-a19f-... that set the alarm bells ringing.