Pension Advice
There are many different types of pensions available and choosing between them to decide which is best for you can be incredibly difficult. Some people may receive a final salary pension, while others might have been contributing to a Self-Invested Personal Pension - but it is important to evaluate your pensions when you start to think about planning for retirement.
What We Do
From our first meeting, one of our financial advisers will work with you to establish what your retirement goals are. From there, they can work with you to establish where your contributions lie and if there would be a value in a pension transfer or consolidation. We'll work with you to de-complicate your financial situation and help you best plan for your future retirement.
Our Services
Our chartered financial advisers are experts in the world of pensions. They'll work alongside you to discuss everything from your investments to other options that are available to you to help you prepare for the future. They have access to a wealth of knowledge which can help you secure the best deal and minimise the risk of you losing any money in the process.
Personal Pensions
Most people in the UK will have a personal pension scheme in place to financially support themselves and provide a retirement income. However, navigating pensions can feel like a dark art. We provide pension advice that can help with retirement planning. Our financial advisers can provide personalised advice on everything from the tax on your pension pot, to the benefits of switching your pension provider, so that you are in the best place for retirement.
Pension Tracing
There are many free pension tracing schemes available that analyse not just your National Insurance record, but also the different pension pots that you have contributed to throughout your working life. Once you have traced all the pension schemes that you have been a part of, we then recommend that you speak to one of our regulated financial advisers to recieve reliable pension advice on what pension options are available to you.
Pension Switching
Pension switching involves switching from one pension scheme to another with a different provider. The financial support offered by one provider might outweigh that offered by another, to improve financial outcomes, reduce costs you have to pay and have you in an overall better position for when you retire. Yet, pension switching can come with several risks that must be carefully evaluated, as some switches can cost more in fees than they are worth, therefore our financial advisers are on hand to provide guidance.
Pension Consolidation
Consolidating your pension can be a great way of gaining better visibility of the money that is in your pension. Depending on your individual circumstances, your pension options may also improve when the money is consolidated into one place. However, there can also be taxation and fees for moving your pension, so it is important to seek professional financial advice to ensure that you are making the best decision pension wise.
Ready to Start Retirement Planning?
If you're thinking about retirement, or wanting to start taking steps to improve your financial situation for retirement, our financial advisers will be able to assess your situation with a few simple questions - book an appointment today to learn more.
