When it comes to pensions, there are numerous options to choose consider. It is imperative to seek trusted and competent pension service providers who will take you through the complex processes available before offering them to you.
At Trusted Pensions, all your pension needs will be addressed professionally to your satisfaction. Below are reasons to choose Trusted Pensions and some of the services they offer.
Reason to use Trusted Pensions
Help with all aspects
Regulated and Trusted
Over 25 years experience
Important Advice on Saving Pension Fees
In the Pension market, you will either go through a discount online Sipp or a discount broker. If you fail to consult a financial advisor, you might easily purchase the wrong product. Financial consultants come in handy as they aim to help you maximize tax breaks and understand risk profiles that you are likely to experience.
In such a scenario, Trusted Pensions come in; they will guide you through every step to ensure that you save pension fees effectively. The amount of revenue collected through annual pension fee charges is astonishing. Good news is: it is effortless to save money when you seek advice from trusted advisers.
Pension Sharing During a Divorce
Many people wonder how retirement fund is shared following a divorce. Any annuity acquired during matrimony counts as a joint asset owned both by the wife and the husband. The court will split the pension.
One of the choices that the court can offer is giving the pension to the husband and awarding the wife with remaining assets such as property or cash – this is called off-setting.
When pension splitting is done, the wife can either take the money to a different scheme or leave it in her husband’s.
It is, therefore, crucial to seek advice from seasoned advisers such as Trusted Pensions to ensure that you make the most profitable option.
Pension and Job Changing Controversy
When changing jobs, many people do not take time to consider what will happen in future regarding the retirement fund schemes. Their main priority is to settle in a new position.
It is always advisable to seek a financial adviser to guide you through before making the big move.
Trusted Pensions have you covered; they will educate you an all you have to know about your pension plans enabling you to make the wisest choice.
The services we offer at Trusted Pensions –
Consolidating pension aims at managing costs, improving efficiency and enhancing member outcomes. When the schemes are under a single governance structure, you will boost your investment performance and reduce costs. It is, therefore, imperative to have all your pension pots combined.
When you choose to go for pension consolidation, you will enjoy countless benefits, for instance, high charging plans especially the older ones will be eliminated. It is easier to work with a single retirement fund plan provider.
- There will be controversy when it comes to general pension scheme arrangements.
- You might lose the previous pension plan easily.
- It is possible to have many retirement fund plans making it hard to manage them. Your investment strategy will be inconvenienced making it hard to adverse financially.
- State all your beneficiaries, their relationships to you and the amounts you wish them to get.
- Avoid using fixed sums when filling a pension will, instead, use percentage proportions to make the property division easier.
- Update the will whenever circumstances change or when you feel like doing so.
- With SIPP, you will be given tax relief.
- You can transfer other pensions to SIPP easily.
- You have the freedom to make any HMRC-approved investment.
- You will enjoy flexibility and freedom.
- Can be used to minimize tax liabilities.
- Money can be passed tax-efficiently when on dies.
- Contact your annuity provider immediately you suspect any scam.
- Reject any calls and unsolicited texts about your pension.
- Do not give into unregulated investments.
- Check the authenticity of the financial advisers in the market.
- Pension selling and marketing protests.
- If the annuity provider disappears from the market.
- In case your employer is arrested or imprisoned.
- If you have complains about your financial advisor.