If your unsure on how we could help you, or just looking for a little help, leave your details and one of the team will call you back for a quick chat.
Call us now on 0161 413 7051
If your unsure on how we could help you, or just looking for a little help, leave your details and one of the team will call you back for a quick, informal chat.
Home > Blog > Company News > What to Ask in a Pension Plan Review?
If you’ve thought about your pension fund’s performance or have pension questions that you would like an expert to answer, you should consider arranging a pension plan review and assessment through an adviser.
This is a service provided by specialist financial advisors to advise and assist pension holders select the right products for their needs and to find out if there is a better and more suitable pension that they could switch to..
A pension review can help you to check whether the scheme you’re investing in is among the best performing pension plans of its kind.
It will also help you find out what you could change to get the most out of your savings in the long term and to plan for a comfortable retirement.
Reviewing your existing pension schemes with the help of a pension expert will help you to get a clear picture of what you could expect in the future, how your pensions are performing today and if there are any changes that could help you to a brighter future..
As a result, you’ll have a better understanding of your pension, plans for retirement and whether your current pension and contributions are sufficient.
Elements that are examined in a pension review may include:
Looking over your pension with a trusted and established financial advisor on a regular basis is important, as personal and financial circumstances are always changing.
From financial crises to pandemics, and from changes in your number of dependents and potential beneficiaries to adjustments in your retirement plans, you need to be sure that the pension policy you are saving in is suitable for you. Your pension should be personal to you, and this is not the case with most old workplace pensions. Reviewing your old workplace pensions can be key to a comfortable retirement
There is no one-size-fits-all pension plan, and a pension review is the ideal way to learn about the various opportunities available to help you make the most of your savings.
It’s a good idea to have some pension “quiz questions” ready to ask your financial advisor at your next review. Always check your annual pension statement to see if you’re currently paying fees to an financial adviser. If you’re paying for an adviser, they should be offering an annual review and report of your pensions as a minimum. There are pension advisers, like the team at Hilltop, that offer a no obligation pension check to give you the knowledge and their expertise on how your pension is performing and if there are better options on the market.
Some of the best things to ask include:
Hilltop Finance’s experienced specialists offer an in-depth pension review that will help to ensure that your scheme is perfectly tailored to your personal circumstances and preferences.
The team works across the market, including the biggest and most reputable UK pension providers, comparing them in detail to make sure you get the best available deal for you. Some of the services we can provide include:
To make sure that you are using the ideal pension scheme with the best possible features to suit your needs, take steps to arrange a pension review today. It will afford you peace of mind and ensure that you are properly supported throughout your retirement.
Get started by contacting the team at Hilltop Finance today. We will be more than happy to assist you.
Pension Statistics: The Nation’s Biggest Pension Worries
14 November 2023
5 minute read
10 Retirement Planning Questions To Ask Your Financial Adviser
02 November 2023
5 minute read
Hilltop Financial Planning Recognised As Top 100 UK Financial Advisers By FT Adviser For Second Year In A Row
17 October 2023
5 minute read
We just need to take a few more details to understand what we can help you with and when is convenient for us to call you back. Gives you a chance to pop the kettle on ☕
What would you like our expert advice on?
Is there any advice in particular?
Finally, just pop your details here and we’ll be in touch