If you're considering transferring your pension out of the Rolls-Royce UK Pension Fund, you'll be required to take financial advice in the vast majority of situations.

To help with this, the Trustee has appointed WPS Advisory to support you when making a decision about your pension. They are the Trustee's preferred provider of independent financial advice.

Of course, you can choose to use your own financial adviser if preferred, but please do be careful when doing so. Rogue advisory firms are aware that our pension scheme members have excellent benefits and they will seek to take advantage of this.

We're aware of financial advisers with websites trying to create an impression that they have an association with Rolls-Royce. More worryingly, we're also hearing that members are receiving bogus calls claiming to be from the Rolls-Royce pensions team about discussing a possible transfer out.

You can read the detailed announcement from the Trustee, including details of financial advisers who have already been reported to the Pensions Regulator and Financial Conduct Authority, by clicking here.  And you can get further details about financial advice by looking at our financial advice information that's available on this website.

You can also watch the TV advert from the Financial Conduct Authority below:

Please take every precaution when transferring your benefits away from the scheme. To make sure you're getting the right advice, please use the services provided by WPS Advisory, as they are recommended by both the Trustee and the Company.

If you do decide to transfer your benefits, we'll need you to compete an online form so that we know you've had the right advice and have been made aware of the risks of falling foul of a pension scam. You can find out more and access the pre-transfer information form by clicking here.