making sense of your pension

the benefits of having your pension looked after

Geraint and Laura; your trusted pension experts

Too often people drift through their work life, whilst their pension just sits in the background, doing very little for them. But why? You work hard for your money, why wouldn’t your pension work hard for you?

Pensions can be an extremely powerful financial tool, but we won’t bore you with the ins and outs of how they work. We know you just want 1. reassurance that your pension is in safe hands and 2. that it’s doing what it’s supposed to, which is building up a nice pot for when you retire.

Here’s how you can make that happen.

knowledge is key

The essential information you need to know about your pension includes: how much is in your pension pot, who your pension is with and how well your pension is performing. If you’ve job-hopped a little, this is even more important as you might have multiple pots lying around which could add up nicely once consolidated.

If you are missing any of this key information, we would be more than happy to help. We simply want you to have everything you need to track your pension so that you can plan effectively for retirement.

forecasting your future

If you have a particular age in mind when you would like to retire, using your pensions current performance, we can work out how much money you’ll have to live off when you stop working. Alternatively, we can forecast how long you’ll need to keep working, so that you can retire with the budget and lifestyle you have in mind.

You might be pleasantly surprised by your pension forecast, or you might be disappointed. Either way, you’ll know where you stand.

Take a moment to think about what sort of retirement you want… a worry-free retirement, a comfortable retirement, perhaps a luxurious retirement. Comparing a pension forecast to your aspirational retirement can often give you the motivation to make your pension work better for you.

matching expectations to reality

Now that you’ve considered how much you know about your pension and what sort of retirement you envision, you’ve probably realised how close or how distant the gap between your expectations and reality is.

By having a trusted expert look after your pension, you can feel in control every step of the way leading up to retirement, with continuous support and guidance. Markets change, personal circumstances change, which is why you might need a bit of help to make changes to your pension accordingly.

you should know

Should you pass away, the value of your pension pot/s will be passed on to your chosen beneficiary. It’s likely that your circumstances have changed since your pension was set up, so we would encourage you to double check and make sure you’re still happy with your beneficiary.

If you have any unanswered questions about your pension, or you would like guidance planning for your retirement, please do give us a call: 01633 987070.