Every year, millions of people scour the internet for the best price on their car insurance, their home insurance, their mortgage and various other financial products and services, yet a massive 16 million people in the UK have NEVER reviewed arguably their most important asset- their pension.
Throughout out our working lives, most of us collect a number of different pension’s plans, whether occupational or private, most people end up forgetting about each pension, throw their paperwork into the cupboard and forget about it until they mature, the result is their pension may be worth considerably less, than it could be worth.
Many people in this day and age watch the news and see all the doom and gloom regarding pension funds but either simply ignore the news or think it doesn’t affect them: frightening considering over 90% of our customers find their pensions are in an environment where it is not performing as well as it could be, in most cases actually losing money after inflation and charges. Having said that, even if you know you are affected by the pension crisis, do you know what options are available to help your situation?
Your pension may be your sole income at the point of retirement, therefore no matter what your age, you should ensure your pension is on track to give you a comfortable and happy retirement, there is a strong argument to say your pension is possibly the most important investment of your life- this is why a regular pension review is extremely important, how would you cope if your pension income did not allow you to pay your bills, even if you are fortunate to be mortgage free?
We were formed following various government statistics and we have partnered up with an FSA regulated organisation to offer one of the most in depth pension reviews available on the market to date.