Pensions : Consolidate & Accumulate

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested. 

Tax treatment varies according to individual circumstances and is subject to change.

New clients with numerous pension arrangements can feel overwhelmed, rarely look at the paperwork and yet they feel that they are missing out on opportunities especially when they hear what is going on around them.  We really enjoy working on pension planning with our clients, talk a language that you can understand and leave you feeling much more positive about your financial future.

We’ll undertake a process with you that includes:

  • Reviewing your pension charges
  • Looking at historic fund performance and the risk you have taken
  • Providing a retirement shortfall analysis
  • Recommending and implementing consolidation where appropriate
  • Undertaking a profiles risk approach
  • Selecting suitable, high grade funds
  • Enabling pension freedoms
  • Setting up a review process
  • Assessing and addressing shortfalls over time

As an example of the value of advice, research* shows that the average UK income in retirement is £19,000 per annum. However, the average for those who set goals working with a financial adviser is £26,000. Put another way, by not working with a financial adviser, a client can potentially lose out on an extra 36.8% or as much as £157,000 over the course of a 21-year retirement.

*Old Mutual Wealth / YouGov survey, July 2014

Contact us today to discuss consolidating your pension