Get the Answers You Need Today – Your Guide to Pension Planning
Are you feeling overwhelmed by the complexities of pension planning? Do you find yourself grappling with questions about contribution amounts, investment options, and cost? You’re not alone. Navigating the world of pensions can be daunting, but fear not – we’re here to help!
At Entire FS, we understand that making informed decisions about your financial future is crucial. That’s why we’ve compiled a list of answers to some of the most frequently asked questions or concerns you may have about pension planning.
1. What fees & charges will there be for taking advice? Firstly, there is no cost to you for an initial meeting with one of our Advisers. In this meeting our Adviser will discuss what the initial and ongoing fees will be based on what you require. You will be supplied with our Fee Disclosure Documents to confirm this in writing and this will be confirmed again within your personalised advice report. You’ll be able to take the time to read and digest this before proceeding with our advice.
2. I’m concerned about the amount of risk I should or should not take with my money: Our advisers will discuss with you the appropriate level of risk for you based on your circumstances. You will be able to discuss and agree this together. The level of risk can be reduced or increased whenever appropriate, for example as you approach retirement, you may want to take less risk with your pension plan.
3. I want to monitor my investments to see how they progress: You will have access to our Client Portal which provides valuations of the investments we advise you on, this is also a secure point of contact to speak to us anytime. We also offer all our clients with a review on at least an annual basis.
4. How do I determine contribution amounts? Your Adviser will assess your financial situation and retirement goals to recommend the optimal contribution amounts which are affordable for you.
5. How do I maximise tax benefits? Any personal contribution to a pension will attract tax relief but only up to a maximum of either £60,000 or your earned income, whichever is lower. So, if you earn £40,000 this would be the maximum you could contribute this year. We will help you make the most of available tax allowances to maximise contributions to your pension.
At Entire FS, our mission is to empower you to make confident and informed decisions about your financial future. Whether you’re a novice investor or a seasoned pro, our team of experienced advisors is here to provide personalised advice, guidance, and support every step of the way.
Don’t let uncertainty hold you back from achieving your financial goals. Contact us today to schedule a free no obligation consultation and take the first step towards securing a brighter financial future. Together, we’ll create a customised plan that puts you on the path to financial success.