Many people with defined benefit/final salary pensions may be unaware of their accrued value. More importantly, they are unsure of how to find out. Defined benefit pension statements are notoriously difficult to understand and the terminology surrounding DB schemes can be quite intimidating. It can therefore be difficult to get meaningful answers from pension trustees for members.
#Financial advisors# such as Churchill Wealth Management can help. Firstly, if we obtain client’s authority, we can request that pension trustees provide us with detailed information on our client’s accrued benefits. Once we have the information, we can explain in plain English the value of the accrued benefits and what their retirement options are. For many people the value of these benefits can be quite considerable, often greater than their homes and it is therefore important that they are fully aware of the value.
If you would like to read more about the issues people are facing when trying to find out how much their final salary schemes are worth, please contact one of our pension transfer specialists for pension advice. We are happy to provide a free, no obligation initial meeting at your convenience. For further reading, the link below will take you to a Money Marketing article by Steve Bee on the subject.
Final Salary Pension Advice
If you would like to speak with one of our Independent #Financial Advisors# and potentially receive financial advice, please contact us on 0117 923 7652. We are based in Clifton, Bristol but we are happy to service clients from across the UK and we provide free initial meetings at our client’s convenience.
Churchill Wealth Management Limited is located at 13 Alma Vale Rd, Bristol BS8 2HL, United Kingdom.
About Us: Churchill Wealth Management is a team of independent financial advisors/financial advisers (IFAs) based in Clifton, Bristol. We provide independent financial advice, including pension advice, investment advice, inheritance tax planning and protection/insurance advice.