Pension Transfers
Most people have had a pension at some time in their life, whether they were fortunate enough to get one paid by their employer, paid into one themselves, or simply when they contracted out of the State Second Pension (formally SERPS). Whatever type of scheme you have, it it sometimes worth exploring the options regarding the potential transferring of the pension to another.
There are several reasons why a transfer may be beneficial. It could be the charging structure of the existing scheme, the investment funds where the money is invested, the amount of control you have with the pension, or it may be that you have several different plans in place which you want to consolidate for ease of management. Whatever the reason, it is definitely worth your while contacting us to see if yours could be transferred to somewhere better.
If you are currently paying a pension, or want to start, we can give advice on what would be the best pension to pay into, which is all dependent upon each individuals’ circumstances.
Company and Group Pensions
If you are an employer, we can set up, administer, and help look after your group scheme whether you have 2 or 2000 employees. Please call to discuss your requirements
Buying your pension
If you are coming up to the time when you want to claim your pension, you will normally have an option to purchase your pension anywhere you wish. We have some excellent annuity rates with several pension providers, so it is worth giving us a call to try to get a bigger pension.
Daybreak, Arnold Lane West, Arnold, East Yorkshire, HU11 5HP
Tel: 01964 501305 Fax: 01964 501306 email: mail@ashleyphillips.co.uk