A great many working people, and newly retired people, had their particular pension plans chosen for them, and they probably have little idea how their pension is performing. The problem is that very few of us have a good understanding of exactly how our pensions actually work, or what our pension options might be.
Do we help our clients make use of loopholes?
Yes, we do, that's what we are all about.
But what is a loophole?
It's a tax law, scheme or tax regulation that exists, is legal (for now), but is not widely known or used.
A specialist tax adviser can explain the various schemes to you, and potentially save you a great deal of money.
By doing so, many have found that not only do they get better performance from the pension, but they also gain by paying lower charges.
One of the ways to resolve this problem is to get your pension reviewed. This will provide you with a range of optional improvements to your current plan, and will put in place regular reviews to keep on top of your pension. It’s your money after all, and you should be in control.
Contact us today for an initial chat
Txt: 07525 354118
and we'll get back to you as soon as we can.
What you need, is a professional review, and to ensure that the review is done by a fully licensed IAR. The review should be fast, without obligation, and professional.
The review will optimise your retirement fund and incorporate the latest changes in legislation.
Consolidation of a collection of your pension funds can be significantly beneficial.
The reduction in fees makes for greater efficiency, and tracking the performance is simplified.
This is particularly true for older pensions, and it becomes quite clear that pension comparison and review could be a simple and easy way to consolidate your future source of income.
16 million people in the United Kingdom have never reviewed their pension plans according to www.maturemoney.co.uk (Sept 2012).
On top of that, 25% of the working population have their pension plans in the wrong place! According to the Telegraph in an article in April this year.
As a result an increasing number of us are transferring their pensions to an alternative plan.