Moneybox Pension Review

Moneybox pensions are popular for their simplicity and app based design. However, ease of use does not always mean suitability in the long term.

A Moneybox Pension Review with Hilltop Finance helps you understand whether your pension is still competitive, cost effective and aligned with your retirement goals.

Important information: Our website offers information about investing and saving, but not personal advice. If you’re not sure which services are right for you, please request advice from Hilltop’s independent financial advisers. Remember that investments can go up and down in value, so you could get back less than you put in.

What's Included With Our Moneybox Pension Review

Your Pension's Performance

Our advisers will check the performance of your Moneybox pension against its benchmark and across the market. This ensures you’re getting the right pension for you, that will potentially deliver for your retirement.

Check The Fees You're Paying

All pension providers charge a fee for managing your funds. Our advisers will check that your Moneybox pension or any other pensions you may have are not charging you excessive fees. Excessive fees could be affecting your pension’s growth.

Risk Check Your Funds.

All pension funds are subject to an element of risk. As part of our review service, we will carry out a full financial risk assessment to ensure your Moneybox pension is aligned to your attitude to financial risk.

Management Options

Does your Moneybox pension offer online access? Can you get up-to-date valuations instantly? During your Moneybox pension review, we will find out what’s important to you and ensure the personal pension you invest in can give you the functions you require.

Who are Moneybox?

Moneybox is a UK digital savings and investment platform offering ISAs, general investments and personal pensions. They typically invest their pension into a range of funds based on your selected risk level.

While this approach suits many people initially, it is easy to forget to review your pension as your circumstances change. Over time, what once felt convenient may no longer be the best option.

Why should you get your Moneybox pension reviewed?

Your pension should reflect your plans, not just your age or an app setting chosen years ago.

A Moneybox Pension Review can help you:

– Check whether your investments still suit your attitude to risk

– Understand how your pension fits into your wider finances

– Compare performance and charges with other UK providers

– Decide whether staying put or switching makes sense

Our advice is always based on your situation and ensuring it is the best solution for you, not on selling products.

Are fees affecting your Moneybox pension growth?

Fees play a crucial role in pension performance, yet they are often overlooked. Overpaying in fees can have a noticeable impact on your pension value over time.

Moneybox pensions typically include:

– Platform fees

– Fund management charges

– Underlying investment costs

When combined, these charges can quietly erode your returns year after year. As part of your Moneybox Pension Review, Hilltop Finance will assess the total cost of your pension and compare it against alternative options in the wider market.

By reviewing fees alongside performance and suitability, we help ensure your pension is working as efficiently as possible, giving you the best chance of achieving the retirement you want.

What to expect

Expert advice in three simple steps

We’re committed to going the extra mile, holding your needs and requirements at the centre of our trusted advice. Everybody is different, and the financial advice we deliver reflects that. Our professional advice is always relevant, personalised and tailored to you.

Get in touch

Give us a call on 0161 413 7051 or let us know when you’d like us to call back. A friendly pension professional will discuss your enquiry to get a better understanding of your situation.

Analyse and report

As soon as you give us authority to work on your behalf, our team will get started analysing your pensions to produce an in-depth report and assess against the market.

The choice is yours

Your expert pension adviser will deliver their assessment and ensure you fully understand the advice given. Now you will be able to make informed decisions.

Arrange a callback

or call us now on 0161 413 7051

Frequently asked questions

Should you have any queries about our services, or if you can’t find what you’re looking for simply get in touch with our friendly team who are here to answer any questions you might have.

Consolidating your pensions from different employers is run in the same format as a regular pension consolidation service. It’s generally not recommended to combine out of your current workplace pension, but in some cases, you can combine and transfer your other funds into your current workplace pension. Please speak with our team to find out all of your options.

Retirement Income Planning is the process of assessing how much income you will need in retirement and then making decisions and actions on how to achieve the targeted income. Your financial adviser will work with you to make a detailed retirement plan to help achieve your goals.

To combine your pensions, a financial adviser will need your authority to speak with your pension providers and then your authority to act on your behalf to transfer your pensions into the recommended product.

By initially giving the financial adviser the power to speak with your providers (Letter of Authority) the financial adviser will request the relevant information they need to make any recommendations on if consolidation is right for you, where to combine and potentially transfer your pensions.

For the full process of combining your pensions, please speak with our team.

A 25% Tax-free lump sum is calculated on the total value of your defined contribution pensions, rather than specific to each policy. The advisers at Hilltop will be able to give you guidance on your options.

Tax treatment depends on the individual circumstances of each client and may be subject to change in future.

Capital at Risk.

Depending on your current pensions, you could lose money when combining your pensions, if they have exit fees included or any guaranteed rates included. By speaking with our advisers, they can check to see if any of your current pensions have any clauses attached and help you to make the right choices about pension consolidation. If we don’t think that pension consolidation is in your best financial interests, we will tell you that too.

Capital at Risk.

There are several ways of consolidating your pensions. But, we believe the best way to consolidate them and to ensure you’re getting the best pension policy for your circumstances is to speak to our team.

We will quickly assess your current pensions and offer advice and recommendations on where to consolidate your funds. The advice we give is always in your best financial interests, and by speaking with us, we can take some of the decision processes from you and guide you to a more suitable pension, rather than a fit for all pension you may see online.

Capital at Risk.

Combining your pensions could have many benefits. Putting your pensions into one policy can help you to keep track on the value of your funds, quickly see the performance of your fund and also you could benefit from lower management charges than having multiple pensions.

With all your funds in one place, you could furthermore reduce the chance of losing track or forgetting about that smaller pension pot that you accrued with an old employer. Pension consolidation isn’t for everyone, though, so please speak with one of our advisers before moving your pensions.

Capital at Risk

You could drawdown from a personal pension from your 55th birthday. In some circumstances i.e. ill health, your pension provider may allow you to take money from your pension, but this is at their discretion.

Capital at Risk

Hi there!

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 ☕

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