The quick and easy guide to no obligation pension reviews
If you are thinking of reviewing your pension then this guide is for you. And one of your first questions might well be, “why would I want to review my pension?” We will cover this and more, finishing up with answers to some questions we are often asked.
The headline facts at a glance
We get it, pensions can be dull. The exciting bit is what you ultimately get from them: the opportunities, the freedom to live the life you want, to treat yourself and others. This is why looking after your pension is so important, to make sure the exciting bit is as good as possible.
The simplest way to look after your pension is to get it reviewed by an expert and the cost for this can vary. We believe you shouldn’t have to make any sort of commitment, financial or otherwise, to find out how your pension could be improved. That’s why the only type of pension review we offer is one that comes with no obligation. Before we explain what this means in a bit more detail, let’s look at some of the most common reasons for reviewing a pension in the first place.
Why should I review my pension?
Your pension could have a big impact on how you live your life in the future. So, if it’s not performing how you need it to then the sooner you review your pension and make any necessary changes the better, whatever stage of life you are at.
Are you currently saving into a pension?
Even just small tweaks could improve your pot by thousands of pounds in the long term.
Are you thinking about retiring in a few years?
There are some great new pension products that will protect your pot from stock market crashes without severely affecting its growth.
Are you thinking about a retirement income?
If you are ready to take an income from your pension then the decisions that you make now could go a long way to making your plans and dreams a reality.
What does a no obligation pension review really mean?
To answer this question let’s first look at the absolute minimum you should expect from any type of pension review:
So, what’s the no obligation bit all about? Quite simply:
How do I know who to ask for a no obligation pension review?
You should only use a regulated financial adviser; you can find all of these listed on the Financial Conduct Authority register (link to register). For example, our company number is 754580. If a company you are dealing with is not listed then they are not authorised to give regulated financial advice.
Even if a company or adviser is listed it doesn’t mean that they can offer you a no obligation pension review. If you are not sure then why not get in touch with us. We have already helped more than 14,000 clients with their pensions and currently look after more than a quarter of a billion pounds worth of savings.