Of all the areas of financial planning we are asked to review, pensions is the most ‘popular’ and the one that confuses the most.
There are a number of reasons for this. Often people have a number, quite often a lot, of pension plans. These have usually been gathered over the years as people have progressed their careers and moved jobs. A trend that is likely to increase as people are more job mobile than ever before.
If you have worked in the public sector, for private companies and for yourself you could have a variety of plans all subject to different pension legislation regimes. Final salary schemes, company schemes and personal pensions could all have different rules about how and when benefits can be accessed.
We specialise in helping people understand the different plans they have and how they fit in to their retirement planning. If you are confused and need guidance to understand your current pensions and how to plan for retirement give us a call today on 07590 828227 or e.mail ken@mcneilstevens.com