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Pension reviews

Whatever your pension problem, we will provide a Simple explanation.

Can my current pension arrangements meet my income needs in retirement? Should I take the tax-free lump sum or a higher guaranteed income? What should I do with the tax-free lump sum?

Pensions raise so many questions, and some advisers leave you none the wiser. We’re different.

I feel very positive about my financial future now.

A refreshing approach

At Simple Financial Advice we insist on providing answers you can understand. Advice you can act on.

  • We are specialists in both personal and company pensions
  • We’re independent. Our advice is always based on your best interests and we’re free to recommend solutions from the whole of the market.
  • We have all the necessary FCA permissions, insurance, qualifications and experience to advise on both defined contribution and defined benefit schemes
  • We’ll look in detail at your pension arrangements, your personal financial and family circumstances, your attitude to risk and your future aims and objectives

Then we’ll recommend the next steps and put everything in plain English. You’ll know exactly where you are and where you need to be.

We don’t do jargon and we’re not trying to sell you a particular product. If that sounds like a refreshingly different approach to financial advice, let’s talk soon.

We also asked our clients what they most value about our help. They told us:

  • Support and assistance in meeting life goals
  • Providing a safe pair of hands
  • Gaining peace of mind

In our 2021 client survey, the three biggest concerns of those clients who have not yet taken from their pensions were:

  • My family’s financial security should anything happen to me
  • Not having enough money to live my preferred lifestyle in retirement
  • The level of investment returns

For those who had already started to take benefits from their pensions, the top three concerns were:

  • Not having enough money to continue living my preferred lifestyle in retirement
  • My level of investment returns / potential losses
  • The technical aspects of pensions

What to expect

Step 1

Fact-finding

We’ll ask you about your personal and financial circumstances, your income, savings, investments and pensions, and have a conversation about your retirement income needs and your attitude to risk.

Step 2

Identifying your aims

We will ask you about your objectives and your priorities. We’ll establish what goals you have for your retirement, how you feel about passing your wealth on and your feelings on later life planning.

Step 3

Research and analysis

We then will undertake detailed research into your existing pension scheme and will request all the documentation we will need from the pension scheme trustees. We will then analyse and evaluate all the information we receive.

Step 4

Pension Review Report

We will provide you with a written report summarising our analysis and our recommendations. It will detail how best to achieve your objectives in your particular circumstances.

Step 5

Implementation

If you decide that our recommendations are right for you, we will implement the arrangements on your behalf.

Step 6

Ongoing support

You may wish to use our optional ongoing administration, review and advice service. This service is designed to ensure your arrangements are able to adapt with you as your life progresses and changes.

Read more about our approach

"I was very happy with Mark's recommendations and pleased with the way he dealt with my situation and as a result have moved my pension to the new provider."

Paul Morris,
Merseyside

"The whole process was made really straightforward and they took the time and care to properly understand my situation. The results have been excellent!"

Jennifer Butler,
Carlisle

"Because I live in a rural area, having a specialist advisor that I am able to talk to from the comfort of my own home makes a massive difference to me."