Personal Pensions
We can help you
take control of your future
Many people invest in a personal pension with the aim to build up a pot of money that will be used in retirement. A personal pension is one of the most tax efficient ways to invest for your future as HM Revenue & Customs (HMRC) provides tax relief on the payment you make to your pension.
For your personal pension to grow, the funds are often invested in stocks and shares but not all pension funds have the same growth performance, management fees or benefits.
How personal pensions work
Personal Pensions are typically defined contribution schemes and are individual contracts between you and the pension provider. They can either be set-up by you or often set-up by your employer through a workplace pension scheme.
To give financial security in retirement, people will invest funds (called contributions) regularly into a pension for it to grow and in the case of a workplace pension, the employer could match those investments. For further growth, the pension provider will invest those funds often in stocks, shares or alternative investments depending on the risk profile of the pension fund.
Why use Pension Works?
If your pension funds are valued over £30,000, we recommend that you take professional advice to ensure you’re making the right decisions for your financial future.
Our job as pension specialists mean we will assess all your current pensions and deliver a comprehensive report that will outline all your options. The report will also explain how your current pensions are performing and whether there are better products for you on the market.
If our advice includes moving your current pension to a more suitable provider, we can handle this for you, making it as smooth and straightforward as possible. Delivering a high-quality service, without the high price.
We’re completely independent and authorised and regulated by the FCA – so you can be sure that any advice given will always be in your best interests.
