Frequently Asked Questions
Here at Pension-Review.co.uk we know pensions can be confusing and a bit overwhelming for many people so we’ve collated some of our most frequently asked questions below to try and help you out! Don’t worry if you have any queries which aren’t answered here you can either submit a enquiry via our form or call us free on 08000 271300.
The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.
Some pension suppliers are closed to new business, which can cause issues if they’re your current pension provider. Do not stress after your FREE initial review we can guide you on what is the best course of action to take.
Transferring a pension is the procedure for transferring your pension fund out of your present supplier around to another supplier –
There are lots of reasons to why a transfer would be looked at by someone and a few of these are as follows:
For those who do have more than one pension its easier to manage if they’re all combined into one fund and will reduce the fund management costs.
If your pension is under performing, moving your pot to a different fund can improve the performance and get it back to where you hoped it would be.
If you feel the fees are too high you may benefit from moving your fund into one with lower charges.
If you are considering transferring your pension its in your best interest to try our FREE initial pension review. As our financial advisers will be able to tell you if its worthwhile moving your pension and if so what fund will suite your needs.
But getting sound financial advice is always a good start, our initial FREE pension review can get you on the right path to ensure your retirement is a happy and financially sound one.