Iain has 16 years experience as a Compliance Consultant and Pension Transfer Specialist, and has higher level qualifications in this field. Iain will be able to advise you on a suitable course of action, making use of the Quilter Investment Comittee to ensure that your Pension or Investment performs well, whilst matching your attitude to Investment Risk.
I will take into account your personal and family circumstances, as well as your preferences. I will be able to explain what will typically be involved in the advice process, including timescales, as well as explain what fee will typically be involved. I have 14 years of experience as a Pension Transfer Specialist, and have worked in Financial Services for my whole career.
I will take into account your personal and family circumstances, as well as your preferences. I will be able to explain what will typically be involved in the advice process, including timescales, as well as explain what fee will typically be involved. I have 14 years of experience as a Pension Transfer Specialist, and have worked in Financial Services for my whole career.
Services
Transferring out of a final salary pension is unlikely to be in the best interest of most people. I will provide a first-class service for anybody who has a pension, or anybody looking to start a pension. However it is important to monitor and review your pension with you over the long-term.
Where you are investing in Shares this will always be the case, and over long terms you will need to invest in shares to an extent, to provide returns that can outpace inflation.However I will be looking very carefully at the investment term you have, and your attitude to investment risk, to ensure that the balance between risk and reward is ideally suited to you.
Where you are investing in Shares this will always be the case, and over long terms you will need to invest in shares to an extent, to provide returns that can outpace inflation.However I will be looking very carefully at the investment term you have, and your attitude to investment risk, to ensure that the balance between risk and reward is ideally suited to you.
Although it is no longer compulsory to buy an annuity, this can still be a sensible option for many people who want absolute certainty of their income in retirement. Getting advice and having the whole of the market researched is essential to avoid buying a "poor value" annuity. Not living long enough to make having an annuity worthwhile is a common concern.
Some people may feel that they don't want to commit to an annuity just yet, however they would like to take the 25% Tax Free Cash, but not yet take any income. It is also possible to take an income, by cashing in the pension fund. Previously there were government limits around how much income could be taken, but these have now been swept away by George Osborne's "Pension Freedom" reforms.
Everybody with a pension pot (who has ruled out Flexi-Access Drawdown) should consider the "Open Market Option" when they retire, to ensure they get the best annuity available. This means that rather than opting for the first annuity being offered by the current pension provider, the whole market should be searched to make sure the highest income is obtained.
An annuity is simply a financial product that will guarantee to pay you an income for life, even if you live to 130! In normal circumstances you will receive 25% of your Pension Fund as Tax Free Cash. The other 75% is used to buy the annuity, which means that you use this money to buy an Income that will last for the rest of your life.
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