Best Pension Plan Advice

Where Do You Go To Get The Best Pension Plan Advice?

Your pension plan and the funds within it are critical to your standard of living at retirement. Unfortunately, the complexity and relative lack of appeal of the pensions sector means that many people, particularly younger workers, haven't realised the importance of saving for the future, and are then taken by surprise at the amount they need to put into a pension fund each month in order to secure a decent income when they retire.

It's largely the perceived complexity of pensions that puts people off investigating further. The general lack of understanding, combined with some unflattering media reports into pensions, contributes to the fear of being mis-sold or misinformed about the choices available.

That's why the best pension plan advice comes from independent pensions advisers. Why are they the best people to help?

• No Tie-Ins - Independent advisers are not tied into any specific product. Advisers who work for large insurance or investment companies only advise on their own products, and so you will not have access to the full range of products available on the market. Independent advisers have access to the entire market, which widens your choice considerably.
• Market Knowledge - There are thousands of pension funds available and an independent pensions adviser knows where to look for the best pension plan for you. Once you have discussed your circumstances with the adviser, they will know roughly what type of plan will work for you and they will be able to research these in more depth to narrow your choices down to one or two funds that provide the benefits and growth you need.
• Technical Knowledge - Independent pensions advisers have to be aware of the latest changes in legislation and regulations to ensure that the advice they are offering is up-to-date and relevant to you. Pensions legislation is complex and you need to talk to someone with considerable technical knowledge in order to find the best pension plan.
• FSA Regulation - All providers of independent pensions advice must be regulated by the Financial Services Authority (FSA). The fact that they are regulated must be clearly stated on any written communication they have with you. Regulation imposes a number of conditions upon the adviser, including that they clearly set out the options you have. If you have any complaints, there are guidelines for complaints procedures that must be followed.
• Best Pension Plan Advice - The best pension plan advice comes from those people who know the market intimately. They can assess your needs and recommend an appropriate solution. If you are considering changing your pension arrangements, effecting a pension transfer, or need advice on starting a pension, then contact our Pension transfer advisors. Fully qualified, regulated by the FSA and independent, they can advise you on the best course of action to ensure a comfortable retirement.