Pension
Calculator

We help pensions grow

The difference between 3% and 0.5% may look insignificant, but the damage a 3% fee has on the value of your pension fund compared to a 0.5% fee can be sizeable.

That’s why we designed our pension fees calculator below – to demonstrate just how much of a negative impact it may be having on your pensions growth.

Don’t let high fees continue to erode your pension, call Pension Works today on 0808 164 2664 – or start your journey online.

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Pension Fees Calculator

Our free pension HealthCheck will carefully assess whether your private pension is being consumed by excessive fees or hidden charges, which could be preventing you from retiring with extra funds.

Simply provide your pension pot size and age below, to calculate how much we could help your pension grow:

The higher the charges, the longer it may take you to retire and the less you could be retiring with.

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Why use Pension Works?

We have years of experience in the pension industry. This enables us to carefully assess whether you are in the right pension for your circumstances. If you are, it won’t cost you anything for that peace of mind by using our free, no-obligation Pension HealthCheck.

If our assessment of your circumstances and current pension(s) identifies that you’re in a fund with excessive or hidden charges – we will search the whole pension market to find the best and most suitable policy for you.

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Peace of mind

We work with all major UK pension providers, allowing us to find the pension that helps you meet your retirement goals and ensures your retirement is in experienced hands.

Who we can help

Due to the constraints and terms of various pension funds, our free pension HealthCheck can only advise people who fit into the below criteria:

We can advise on:

Private or personal pensions
Old workplace pensions
Defined benefit (final salary) pensions
Pensions valued at over £10,000

We can’t advise on:

State pension enquiries
Unfunded public-sector pensions (E.g NHS)
Non-UK residents or looking to leave the UK
If you’re already receiving annuity payments
Pensions valued under £10,000

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What our clients say

About us

Pension experts – allowing us to fully advise you on all aspects of private pensions

ISO 9001 accredited – meeting the international standard for quality management

5 Star Trustpilot rating – consistent positive customer feedback

Independent & transparent – we are not tied to a single pension provider

Authorised and regulated by the Financial Conduct Authority – for your
peace of mind

*Defined Contribution Pensions*	These are ‘Pot of Money’ pensions where the benefits provided take into account the value of the fund at retirement. They can be personal pensions or Occupational Pensions. There are no guarantees as to what pension will be provided. This will be a reflection of contributions made and investment growth.
*Defined Benefit Pensions*	These offer the promise of a guaranteed pension at retirement which reflects the length of service with an employer. It will be based on either the Final Salary or Average Career Salary of the employee. Providing the company is still in existence, there is no investment risk for the pension receiver. This type of pension is becoming less frequent.
*Private Pensions*	This is a generic term for pensions that are not workplace schemes.
*Group Personal Pensions*	Employer-sponsored schemes – each member has a personal pension plan, and their contract is with the pension provider. The employer’s role solely is to select the scheme provider, decide if there should be any restrictions on fund choices and take contributions from the employee’s pay and forward them with employer contributions to the pension provider.
*Self-Employed Pensions*	A private pension arrangement or personal pension is taken out by a sole-trader or self-employed worker.
*SERPS Pensions*	State Earnings Related Pension (formerly Graduated Pension and subsequently State 2nd Pension or S2P) was an additional element of State Pension for employees. The amount of pension was linked to the employee’s salary. SERPS was abolished in 2016 when the flat rate State Pension was introduced.
*Personal Pensions*	Private pensions are contracts between the pension member and an insurance company or another pension provider.
*SIPP Pensions*	These are personal pensions where the member has a much wider choice of investments, including commercial property and single company shares.
*Stakeholder Pensions*	Personal Pensions with a set of rules that impose amongst other things a maximum annual management charge (AMC), low minimum contribution levels (£20 per month) and an appropriate Default fund.
*FSAVC Pensions*	Private pension linked to an employer’s Defined Benefit Scheme but separate from the Scheme’s internal Additional Voluntary Contribution (AVC) arrangement – largely defunct since the rules were eased several years ago, allowing people to contribute to both personal and employment schemes as they wish.
*Money Purchase Pensions*	This is another name for Defined Contribution Pensions.

Pension
Calculator

We help pensions grow

Pension Fees Calculator

The higher the charges, the longer it may take you to retire and the less you could be retiring with.

Why use Pension Works?

Peace of mind

Who we can help

We can advise on:

We can’t advise on:

What our clients say

About us

Request a callback

About us

Need help?

Helpful Information

Pension Calculator

We help pensions grow

Pension Fees Calculator

The higher the charges, the longer it may take you to retire and the less you could be retiring with.

Why use Pension Works?

Peace of mind

Who we can help

We can advise on:

We can’t advise on:

What our clients say

About us

Request a callback

About us

Need help?

Pension
Calculator