Help with timing your benefits to maximise your potential
Here at Pension Potential, we’re experts on the pension freedoms. We understand exactly how important timing can be and can help you plan to take your retirement benefits in the most efficient way.
We look at what’s good and not so good about each of them, and how you could mix and match them.
Timing is vital
Very important - is your retirement age up to date?
If you’re in an automatic ‘lifestyling’ investment arrangement – one that switches your pension savings to investments designed to protect their value as you get closer to your chosen retirement age – you must tell your pension provider if you decide to change your retirement age. If you don’t update your retirement age, your pension savings might not be invested in the right way to maximise your retirement income.
But first... a warning
Has someone made you an ‘unmissable’ offer and is now pushing you to sign up to it by a deadline? Scam bells should be ringing loud and clear. Keep pension scammers away from your life savings with the help of ScamSmart.
We can help you maximise your potential
Pension Potential offers expert guidance and lots of support to help you understand more about your retirement options.
We don’t offer financial advice through Pension Potential. But, if you decide you need financial advice, we can refer you to our expert financial planners who offer this service.
Guidance is intended to help you understand your retirement options. It won’t make specific recommendations or tell you what you should do.
- Personal insight gives you a personalised overview of the options available to you, but won’t recommend which option would be best for you.
- Tailored insight enables you to use our annuity finder to search the market and buy an annuity. Any fees will be paid by commission from the annuity provider.
- Expert insight offers the option of talking to an expert who will give you help and guidance, but won’t be able to recommend specific options unless you decide to take, and pay for, financial advice. They can discuss this with you.
Financial advice is a regulated professional service that will take your situation into account and make recommendations for options and products.
You may need financial advice if you’re interested in more complicated retirement options such as flexible income (drawdown), or mixing two or more retirement options.
You’ll need to pay for financial advice. We offer financial advice from highly-qualified chartered financial planners, with competitive charges.
We’ll always tell you in advance if there’s a charge for any guidance or advice you take from us.