Retiring and entering into later life may be decades away but preparing for your retirement starts far earlier. It’s true to say the earlier you start your pension planning the more you should have when it comes to retirement. It is important that no matter what position you are in that you seek pension advice from a qualified pension specialist. Your adviser should be registered with the FCA and hold a Diploma in Financial Planning.
When you contact Free Pension Advice you will receive advice from a qualified pension adviser. We start by completing a short fact find questionnaire to help us understand your financial position. Your pensions adviser will have a clear understanding of what you want to discuss and the pensions you have currently so they can best support you.
Everybody that contacts Free Pension Advice is different. Some people may have mortgages and others rent, you could have one pension or a number of different pensions and health conditions will vary too, which can all impact on the correct pension advice. That’s why it’s important to get to know you and what you would like to achieve.
If you would like support with your pension, from a simple question through to a pension review, we can help you. You can complete an enquiry form or call our customer care team on 0800 193 8767.
Self Employed Pensions
When you’re self-employed the decisions on your business start and stop with you, which can sometimes be over-whelming. We can help with your pensions and financial planning. There are benefits to having a pension when you’re self employed, which our advisers can explain in detail.
If you’re looking to start your first pension or considering amalgamating various pensions we can advise you on the best processes.
Advice On Multiple Pensions
Another question we can help with is “I’ve got multiple pensions but don’t know where they are or how much is in them”. We can help you source your pensions or receive transfer value (CETV) figures so you can better forecast your financial future.
In some instances it’s best to transfer pensions into one easily manageable account. You may have multiple pensions with various charges being applied and the attitude to risk may mean you’re invested in the wrong funds. We complete a pension review to determine whether your pensions are tailored to your needs and provide you with our findings.
Defined Benefit / Final Salary Pensions
Some people have a defined benefit / GMP / final salary pension and these pensions operate differently to other workplace / defined contribution pensions. A defined benefit pension will give you a guaranteed income each month for life, however sometimes people wish to transfer these pensions, potentially so they have more flexibility with their retirement income. We can advise you on these pensions and our advisers are qualified to conduct pension transfers, where applicable. Not all defined benefit pensions should be transferred and you should seek qualified advice.
Experienced Pension Advice
At Free Pension Advice we can deliver a wide range of advice and support which is transparent and demonstrates our adviser’s knowledge. You can decide if you wish to proceed with our advice and we can help manage your retirement planning with pension and investment solutions