Pension Release Frequently Asked Questions
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Yes, in a structured way. Once we understand your needs, circumstances and aspirations we will firstly review your existing pension arrangements to see what options you have and also what benefits you have accrued. We feel it is better to check what you have before considering alternatives. It is important then to consider what you are expecting over the long term, what involvement you wish to have in managing your pension on a day to day basis and also what your attitude to investment risk is.
Whilst there is plenty of press comment about high pension charges there is little about poor investment performance. Despite this a successful plan is one which combines good investment returns with competitive charging. Comparing pensions based on charging is a naïve way of assessment and equally choosing a good investment performance without considering the charges or volatility is not sensible.
Stakeholders, Personal Pensions, SIPPs, Wraps and Platform managed pensions all have features which may suit you. So, as we complete our analysis you and you needs are key to the outcome. We will compare charges, investment facilities, fund choices and performance. We will check your attitude to investment risk and research where in the world your pension should be invested and in what proportion. We then research the best performing funds in each area, then compare performance over a reasonable period of time. Any funds selected as most appropriate will then be assessed for consistency, checked for volatility and crown rated to benchmark quality, stability and suitability.
We will then make you a recommendation as to a course of action or not. In short, yes we do compare ALL pensions. -
No, at Pensionlite we believe that everyone should have access to specialist pension advice without concerns about obligation or cost. Consequently, all of our clients have the opportunity to receive an independent, no obligation, free pension review and recommendation report so they can best consider their options from a position of knowledge, in their own time and certainly well before any decisions are made.
If you choose not to follow our advice there are no charges or obligations.
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Yes. Whatever the outcome of our advice the recommendations are completely free.
If we do recommend that a transaction takes place we will clearly state in your report, for your consideration, what the costs are. If you choose to follow our advice then it will be in the full knowledge of the implications, expectations and charges. If you choose not to follow our advice then there are no charges.
