Review existing plans
There are some important questions that we will address as part of our Pension Review Service.
- Do you know how your existing pension plans are performing?
- What level of income they will provide you with at retirement?
- Do you have multiple pension plans which would be easier to manage if they were consolidated into one arrangement?
- What level of service do you receive from your existing provider(s)?
- What fees are attached to the plans?
There are many different types of pensions including, Retirement Annuity Contracts, Personal Pensions, Stakeholder Pensions, Self Invested Personal Pensions (SIPPs), Small Self-Administered Schemes (SSASs) to name just a few. With so many different types of pensions available, it is well worth you knowing whether yours is the most appropriate for your individual circumstances.
We will analyse your existing arrangements, looking at several factors including their performance and potential for future growth, their running costs and flexibility. This will allow you to decide whether to remain with your existing arrangement(s) or transfer your plan(s) to a more favourable scheme.
As Independent Financial Advisers, we will only recommend a pension transfer if it is in your best interests.