Find a Pension Review Expert

It is important to regularly review your pension plans. In reality, pensions are rarely reviewed, with people remaining in underperforming or high charging pension plans. This ultimately leads to lower fund values and a lower income in retirement.

Pension Experts with access to specialist pension software are able to accurately compare charges and the performances of pensions.

Without a pension review, your pension plan will be based on the information provided when it was initially set up. This information may not truly reflect your attitude to risk and reward. Your pension may be set at too low or too high a level of risk when considering your changing circumstances.

This is particular worrying for people who are reasonably near to retirement. Some pensions automatically move your funds from high risk to lower risk assets the closer you get to retirement, but other pensions do not. In the latter case there is a real danger that a sudden fall in the stock market immediately before your retirement could lead to a significant reduction in retirement income.