If My Employer Goes Bust, What Happens To My Pension?
For those of us employed in the private sector, this can be a particularly worrying thought and stimulant to seek pension advice. After all, if your employer is the one…
When it comes to planning for your future, it can seem like you have all the time in the world to worry about your retirement income, but it comes around a lot quicker than you think. The earlier you start planning for your future the longer you will have to build a substantial retirement income and you are more likely to be able to afford the retirement you dream of.
For many, retirement income will come from a pension, whether a workplace pension or a private pension scheme. If you find the world of pensions and the different types available confusing, seeking pension advice will help you understand the options available to you and help you make the best decision for your personal circumstances and to meet your financial goals.
Pension planning starts with thinking about the type of retirement you want, from wanting to travel more to taking up hobbies, you will need to factor this into your pension planning to ensure provisions are made now to enable you to have the retirement you desire.
Reviewing your current financial position is imperative to determine how much you can comfortably afford to invest into your retirement plan after your living expenses and savings have been taken into account.
Whether you already have pensions in place, either workplace or private, or if you are at the beginning of the pension planning process our recommended independent financial advisers will work in partnership with you to give you pension advice that ensures you have the best strategies in place for your personal circumstances and are making the most of every opportunity that is available to you.
If you don’t know your SIPPs from your final salary schemes or have questions about your workplace pension scheme, our recommended financial advisers provide independent pension advice across the UK.
At Pensionadvice.org we can help you find a registered financial adviser for pension advice across the UK. All of the financial advisers we recommend offer bespoke financial advice that is tailored to your unique personal circumstances.