PENSIONS

Is your pension performing as it should?

Just paying money into a fund isn't always enough. Pensions need periodical reviews to ensure the investment is continuing to perform. Changing pension legislation means that many older personal pension schemes are outdated with high charging structures and would benefit from switching into a new product. Even state pensions create questions for example, should you be contracted in or out of SERPS? What are the benefits of delaying commencement of the state pensions?
Our Practitioner Directors have collectively over 40 years experience of financial services and hold the specialist qualifications to offer advice on pensions, retirement planning, inheritance tax issues, equity release and long-term care planning.
The choices you make at retirement are critical as typically you can't change your plans at a later stage. To help you make the right decisions for your situation, we will:

• Meet with you to gather detailed information about your current circumstances, assets, liabilities and life goals
• Explain all the retirement products that are available to you and all the options you could consider for your circumstances
• With your agreement, we will obtain information directly from existing policy/investment providers to establish the full details of all the contracts you hold
• Check to see if you are entitled to any Guaranteed Annuity Rates or a Guaranteed Minimum Pension
• Offer independent advice to help you select the right products for your situation, goals and attitude to risk
• Construct a portfolio of investments with a good geographic spread an asset allocation to reflect your needs and attitude to risk
• If appropriate, source the best annuity obtainable on the open market