Are you ready for retirement?Worried about retirement income? Contact us today to plan for your tomorrow
What is a pension?
A pension is a long-term investment/savings plan (ten years or more) that aims to build a fund for your retirement. This can be used to provide you with an income when the pay packets stop – your pension.
Have you old pensions from previous employers? Are the charges excessive? This is where reviews can help.
When was the last time you reviewed your pension?
It is so important to review your plans, most things have to be serviced/reviewed. You get your car serviced every year….why? to make sure it doesn’t break down. You cut the grass every week…why? – so it doesn’t get out of control.
So you should review your pension every year…why? To make sure that it does what it set out to do. Make sure market conditions haven’t adversely affected your plan.
Also beware if you are transferring your pension to another provider. What is the investment? Is it alternatives such as overseas property, storage units or car park spaces? These investments may not be suitable for you. Check it out thoroughly and check the credentials of your advisor.
I do offer a no fee consultation so if you are offered such as investment get in touch.