Do you have old Pension Policies and are unaware of their benefits? Do you pay into a Personal Pension?
When was the last time someone took an interest in how your pension investments are performing? Having sufficient income in retirement should be a major financial priority, as it is obvious that one day you will retire and when you do, you will need an income.
There has been a number of changes to the pension market over the years, sadly some pension companies have not kept clients up to date with the changes in the market.
Some of the problems that have been affecting people are, poor performance, deterioration of customer service, high charges, if the fund has been closed to new business, the experienced manager may have left.
Company pension benefits are also changing, particularly for those of us who have left deferred (Paid Up) pension entitlements behind, as we’ve moved on from job to job. We have found from experience that what most people worry about is they don’t know their State Pension entitlement and/or they have lost track of any company pensions they may have had.
Both pre and at retirement planning can be complicated and needs to be set against your other financial needs and assets.
If you have one or a number of old pension policies and are unaware of their benefits and require an overview, if applicable, please Contact Us and we can arrange a time to discuss your options.