Pension Review

Preparing for retirement can be confusing and you may not even know where to begin. Our Pension Review service aims to give you a clear picture of your current pension provision. In addition, it will highlight any areas for improvement to achieve your retirement goals.

The Choice Financial Pension Review Service

What Do You Get?

* Our initial consultation is always free of charge *

If you use our Pension Review service, you will receive:

• Updated valuations and projections of what your pensions might be worth in the future.
• An analysis of the charges that you are paying.
• Analysis of how your pension is invested. Plus information about the returns you are receiving and whether the risk you are taking is appropriate.
• A summary of your pension’s products and features.

Understand your
current provision better

Save money on fees
by switching providers

Discover when it’s
possible to retire

Forecast accurately
for the future

Why Is Having A Pension Review So Important?

• The State Pension may not provide you with enough income in retirement.
• Over half of all adults aged 45-54 don’t know how much they have saved in their pensions.
• It may help you take advantage of opportunities which could help you retire early or earn a higher income.
• The earlier you review and plan, the more potential for higher savings for your retirement.

We understand that everyone’s perfect retirement looks different. Some may want to retire at 55 and take long holidays in the Bahamas. Others may be prepared to work until they are 65 and then want to spend time simply enjoying family life. We can help you determine how much you need to put away to meet your goals.

Some Key Points We Will Look At:

We know this service has helped many of our clients understand more about their pensions. Our service gives our clients a clearer picture of their retirement and helps them to take more informed decisions. 

Read One Of Our Client Testimonials:

“John took over management of our pensions and rapidly kicked things into shape. We are indebted to him! The review sessions are always well prepared and informative. Also, the up to date market information is always fascinating.”

If You Are Retiring Soon, You May Have Lots Of Questions.

We have tried to answer some typical questions to help you understand how our service can help you with your pension.

Pension Freedoms have changed the landscape of retirement planning. You now have far more flexibility than ever before. This can be a double-edged sword. Perhaps allowing you to retire sooner than you previously thought possible, but with pitfalls and dangers to avoid.

For most people close to retirement, there are three important questions:

• Can I afford to retire now, and if not, when?
• Will my existing pensions, investments and savings generate enough income until I die, or if I am married, when my spouse passes away?
• Will I be able to leave anything behind to my family?

Simple enough questions and all very sensible. Our job is to answer these, and more.

What questions we need to know from yourself:

Income: How much will you need in retirement? You would be amazed by the number of people who don’t know the answer to this question.

Retirement Options: What’s the best way to turn your pension into an income?

Expenses: Is there any future capital expenditure you need to plan for? For example, home improvements, large holidays and such like.

Family: Do you want to financially assist your children or grandchildren? Perhaps to help with the cost of university or buying their first house.

State Pension: How much will you get and when will it be paid?

Existing Savings & Investments: Do you need to make any changes considering your retirement?

Early Retirement: Can you stop working without compromising on your lifestyle in retirement?