Pensions can be complicated, at PensionEasy we want to make receiving Pension Advice simple. We have put together some of the most commonly asked questions relating to our service, we hope this covers most questions, however, if she can't see the answer to your query please feel free to contact us and we will be happy to answer your question.
All the pension advisors we work with offer a free initial consultation to understand your aims and to establish if they can help. This appointment is completely free and without any obligation to proceed. If the advisor is able to help you and you choose to accept their recommendations then any additional fees or charges will be clearly explained prior to proceeding with the advice given. Under the FCA guidelines, the advisor must act in your best interest which ensures any fees are outweighed by the potential benefit to you.
Any paperwork relating to your pensions, for example, statements, letters from your pension providers and any other communications. This will help the pension advisor build a clear picture of your current provisions.
To start reviewing your pensions all your adviser will need is a letter from your pension provider with a reference number, they will then be able to write to your pension provider on your behalf to get full disclosure of your pensions. If you are unable to find any paperwork whatsoever but you know who the pension is with a pension adviser will be able to talk you through the steps of tracing your pension.
A pension fund is only as good as the investment fund it is in and there are plenty of funds to choose from that are making very good returns, a pension advisor can select the most appropriate fund for you and also advise when it needs to be changed in the future.
While saving for retirement it usually makes sense to pool all your personal pension policies together to reduce charges and simplify planning and also, at retirement, it usually makes sense to use one large fund to buy your income with, as opposed to lots of smaller funds.
6 reasons to review your pension
Regular reviews of your pensions with an FCA regulated pension advisor are important to ensure the best outcome at retirement.