Comprehensive Pension Review & Switch Service
A Pension review is the first step towards understanding how your pension(s) can work harder for you in retirement.
If you have a Defined Benefit or Final Salary pension, a pension transfer may be what you’re looking for. Click here to find out more.
What is a Pension Switch?
A pension switch involves moving pension benefits from one pension scheme to another scheme of the same type. These are referred to as defined contribution or money purchase schemes such as personal pensions or stakeholder pensions.
We can provide advice and recommendations based on your existing circumstances and your goals for the future.
Why do our clients choose us?
- We’re a Chartered Firm, which means we’re held to exceptionally high standards of client outcomes.
- We’re part of the Quilter Financial Planning network, giving you access to some of the most valuable financial planning resources available.
- We’re a friendly team, who understand that your lifestyle, family and future are all part of the financial decisions you make.
Call us on 01952 279 379 or visit our contact page for more options.
how a pension review works
A pension reveiw starts with an initial consultation in which we’ll ask a few simple questions to understand the pension(s) you have and your plans in retirement. After this, we’ll follow these steps:
- Initial Adviser Consultation – You’ll speak to one of our experienced pension advisers. They will ask you questions about your pensions and your circumstances.
- Documents & Information Gathering – We’ll ask you for certain documents that allow us to contact your pension scheme and for compliance with various rules. We’ll conduct a ‘fact-find’ in which we build a picture of your finances.
- Pension Switch Recommendation – We’ll make a recommendation which shows you how a pension switch could be beneficial to you.
- Recommendation Accepted – If you would like us to implement the recommendation, we’ll move forward and do this for you. If not, there’s usually no fee payable and there’s no obligation to proceed.
Pension Review & Switch FAQs:
Here are some of the most common questions our clients ask us about a pension review:
How do I find out the transfer value of my pension?
Your existing pension scheme will be able to provide this. We recommend talking to us before asking for an up-to-date transfer value as these values have an expiry date.
Once I've received your recommendation, am I obliged to take your advice?
No, you’re under no obligation to proceed and there’s usually no fee to pay unless you ask us to implement our advice. Before this point, we’ll happily show you where we can make positive changes to your retirement planning.
How long does a pension review take?
It varies dependon the number of schemes you have and the complexity of your circumstances, but we’ll give you some guidance on this during an initial discussion.
How much does it cost to switch my pension?
There are a few factors in calculating our fee, but we will be able to tell you in our initial conversation. We’re committed to being transparent about fees and we work hard to ensure there are never any surprises.
