Retirement planning both pre and post retirement.
We regularly find with our clients that one major purchase that is never or rarely serviced is their pension scheme. A regular review is so important, many of us start out with great intentions and a plan but somewhere along the way we get blown off course and as advisers it is our job to find out where you are, where you want to go and then plot a new course for you.
Over the years many pension providers have reduced costs and changed their pension ranges many times over and your pension company doesn't always pass these reduced charges on to you or are able to offer the benefits that the new plans give. At a client review we will obtain a whole host of details on your existing plan(s) and then sit down with you to discuss your options and make any changes necessary. In other words service your pension and retirement plans. This includes all of the usual pension schemes from personal pensions to SIPPS and former company schemes. It doesn't matter if you are paying money into them or not! most pension funds should be reviewed.
Closer to, or at the time when you wish to stop working we can work with you to look at the best way to access your funds. This could include buying an annuity, an enhanced annuity or one of the more flexible routes to taking the benefits from your hard earned fund.
As in building up and managing your fund advice is a must in accessing your pension fund at retirement so please contact us.