Managing your pension

After your home, your pension fund could well be your next most significant asset, but do you know how much it is worth and how well it is performing?

Managing a pension is perhaps not at the top of the ‘to do’ list for many people.  If you have moved jobs, had a chang to your personal circumstances or opened new schemes the likelihood is that you will have a number of small investments which could be working harder for you if they were brought together.

Flexibility for pension savers has never been so great. From Self Invested Personal Pensions (SIPPS) to Additional Voluntary Contributions (AVCs) and pension draw down, the options available to anyone looking to take control of their pension is diverse – so how do you know which one to choose?  Our advisers will work with you to identify exactly what existing plans you already have in place, and will provide you with a valuation based on your existing  arrangements. Once you know what you currently have, the next step is to create a forward-looking pension strategy which will help you to meet any saving gaps you might have and to grow your savings.

In 2015 the Government relaxed the rules on how individuals can access their pension funds. Commonly known as Pension Freedoms, the reforms give pension savers the flexibility to choose how much, and where, they invest their pension funds, and even to allows you to cash in your plan, should you so wish.

If you have, or are thinking about taking advantages of these pension freedoms, you should always seek independent, professional and qualified financial advice.  Our independent financial advisers include a number of specialist pension experts who can help you protect and nurture your financial future.