Pension Reviews
“When it comes to our retirement we all want peace of mind, nothing could be more important”.
Hopefully your savings are working well for you but what if they’re not?
“Let us review your pension to help you achieve your retirement goals by giving you access to expert advice and outstanding pension funds.“
An under performing pension can leave you with much less in retirement than you expected. A pension scheme that doesn’t allow you the access you expected can give you much less flexibility. Furthermore, a pension scheme with high charges can see your savings slip away.
A pension review is the first step towards a better future. Take control with our no obligation review and and put your retirement dreams back on track
We find that many of our clients have ‘review my pension’ on their to do list for months (sometimes years) but never seem to have the time to take on the task themselves.
Our pension review can help you cross this off your list, allowing you to determine whether your retirement goals are on track and give you piece of mind that your future is provided for.
Take actioning today gives you more time to see your investments grow and achieve the high fund performance you deserve and that you are getting the very best in performance and ongoing stability.
Defined Benefit Pension Schemes
A defined pension benefit scheme, means that you have a set amount of income specified to provide for your welfare come retirement. This is based on a complex formula that includes details about your current salary, length of service, current age and more.
You will traditionally be expected to make contributions alongside those made by your employer.
Defined payment pension schemes
A defined payment / contribution pension scheme essentially does not guarantee a set amount to be set aside for your retirement. Instead, you build up an amount of money as you pay into the scheme.
You will pay a fixed amount into your pensions pot, alongside any payments made by your employer (Workplace Pensions) and this money is subsequently invested. The end sum in your pot will be determined on the amount paid in, any charges and the overall performance of the investments.
Automatic Enrolment
This is a government initiative that obligates all employers to enrol eligible employees into a workplace pension, provided that you are not already in one.
Employers have to pay a minimum contribution into the scheme for all their eligible workers.
This started in 2012 and is being phased in over a number of years.
To be eligible you must hit the following criteria
- Are at least 22 years old
- Have not reached state pension age
- Earn more than £10,000 per annum
- Work in the UK
Take control of your future .
CALL US TODAY FOR OUR NO OBLIGATION PENSION REVIEW:
0800 0729227
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