What is pension advice and why might I need it?

Pension advice is the professional guidance offered by a regulated financial adviser to help you make the right decisions about your retirement savings. This advice covers understanding your pension options, how much to contribute, investment choices, and planning for a secure retirement. If you’re uncertain about your pension arrangements or want to ensure you’re making the most of your savings, specialist advice can give you peace of mind and help you avoid costly errors.

How can I find the right pension adviser in?

Look for a Chartered financial planner and an independent advisory firm, such as Integritas Financial Planners, to ensure you receive impartial, high-quality guidance tailored to your needs. Chartered status reflects the highest standards of professionalism and ethics in financial advice.

Is it worth paying for pension advice?

Yes, investing in professional pension advice can make a significant difference to your retirement outcome. Advisers help you maximise tax reliefs, select suitable pension investments, and plan your retirement income efficiently, potentially saving you money and improving your financial security.

When should I consider seeking pension advice?

It’s wise to seek advice as soon as you start seriously planning for retirement, usually from your 40s onwards. However, it’s never too late, advice is invaluable when consolidating pensions, approaching retirement, or making withdrawals from your pension pot.

Can a financial adviser help me consolidate my pensions?

Absolutely. If you have several pension pots from different employers or schemes, an adviser can review whether consolidation makes sense for you, making your retirement planning simpler, potentially reducing fees, and ensuring your investments remain suitable for your goals.

How can pension advice help reduce my tax bill?

Expert pension advisers can help you make the most of pension tax relief, understand current annual and lifetime allowances, and structure your pension withdrawals in a tax-efficient way. This can reduce your overall tax bill and make your savings go further.

How much do I need in my pension to retire comfortably?

The amount you’ll need depends on your retirement aspirations, lifestyle, and any other sources of income. A pension adviser can help you calculate your target pension pot and design a clear plan to help you achieve your retirement goals.

What happens to my pension when I pass away?

With the right planning, your pension can pass to your loved ones in a tax-efficient way. Advisers ensure your beneficiaries are correctly nominated and help you understand your options and any associated tax implications.

What is a pension review and why should I have one?

A pension review is a thorough assessment of your current pension arrangements, performance, and fees. Regular reviews with a professional ensure your pension stays on track to meet your goals and adapts to changes in your circumstances or legislation.

Can I get face-to-face pension advice in Swadlincote?

Yes, Integritas Financial Planners offers personalised, face-to-face pension advice in Swadlincote, as well as secure video consultations for your convenience. This ensures you receive expert, tailored support wherever you are. Get in touch via our website to arrange your consultation.

 

LET'S WORK TOGETHER TO ACHIEVE YOUR FINANCIAL GOALS

At Integritas Financial Planners, we specialise in helping individuals and small to medium-sized businesses to achieve their goals through holistic financial planning and support. Pension legislation often changes, but our expertise in this field will help you navigate through complex regulations, while our independence will help you to find the best blend of pension products to suit your individual financial circumstances and aspirations.

This means we will:

  • Conduct a review of your current financial circumstances, and understand your long-term goals
  • Identify and recommend the best course of action to help you achieve your aspirations
  • Implement plans that we agree on your behalf and continually review progress

The Integritas Financial Planning Process

At Integritas, we take the time to understand your financial goals – and work with you to attain them. We do this using a five-step process:

Discovery

Build a clear picture of your current financial circumstances, with no obligations

Your Aims & Objectives

Clarify your aims, objectives and timescales over which you wish to achieve your goals

Review & Recommendation

Analyse your current position; highlight gaps and recommendations to reach your goals

Implementing Your Plans

We explain our report and answer any questions or concerns you may have

Ongoing Review

Regular face-to-face reviews to keep you updated and make any necessary changes

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Client Testimonials

“Having provided Mark with details of our circumstances, he explained our options – in ‘simple’ language and advised us how to proceed which matched exactly our lifestyle and expectations. We have recommended Mark to our friends and we all agree that he tailors-makes financial planning to suit the individual.”

Susan
Berkshire

I had a meeting with Adam regarding pensions, this is something I didn't fully understand until it was explained to me by Adam, he was very thorough with his advice and was able to answer all of my questions. I will definitely come back to Adam again in future and will be recommending him to friends and family I am very happy with the outcome of our meeting

Jade

Adam has managed my pension scheme and seen it grow by a significant amount which I am very happy about.

Ian
Derbyshire

"We needed to consolidate pensions and monies into a managed portfolio for our retirement. Mark facilitated the consolidation, showed us how money and assets could be used via detailed spreadsheets. Our retirement plan starts later this year and we can’t wait."

Russell
Swadlincote, Derbyshire

“Mark dealt with a very difficult pension provider and obtained a very favourable result for me. Now that I’m retired, the outcome has been exactly as I had hoped despite the attitude of the pension provider. I am not able to think of anything which Mark could have done better – he spent the necessary time and effort in pursuing the matter to a very successful conclusion.”

Keith
Hertfordshire

“Getting the most from our investments is what we all look for, but it can be a world of uncertainty and apprehension. Marks professional and assured explanations and advice have guided us through to the best options available for our personal circumstances, engendering the high level of surety we were looking for. Mark exudes a confidence and obvious ability to engage with clients at all levels of understanding and requirements.”

John
Staffordshire

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