Step 1 – Initial Meeting
A initial meeting to discuss your current pension position and explore what you expect from retirement, including income levels and when you would like to retire.
A cornerstone of our work will be to examine and understand your unique current financial situation and your future goals and plans.
This meeting can be in your home, an alternative location of your choosing or via a video call.
Step 2 – Analysis
Once we have acquired a deep understanding of your current pension position and your wider view on factors such as risk tolerance, we use sophisticated statistical financial modelling techniques to determine the optimal way to reach your retirement goals.
This roadmap will involve such factors as asset allocation, sector weighting, geographical splits, and tax wrappers among many others.
Step 3 – Optimise and Develop Plan
The next step is to look at the wide range of products and providers available across the entire market and determine which are the most suitable for your plan.
We use our financial expertise to select the most optimal ones taking into account factors such as cost, tax, risk tolerance etc to ensure the most suitable ones are chosen for your particular strategy, situation and goals.
Step 4 – Initial Review
This second face to face meeting will be to present to you our findings and take you through the plan we have developed using jargon-free, plain English.
You will gain an understanding of what your retirement will look like, what actions you can take to boost your retirement income and other details such as the ability to access cash lump sums.
We will take you through the recommendations in your plan, including why we have chosen particular products or providers, how they align with your risk profile and investment and life goals.
You will have a comprehensive written report to keep which we will make sure you fully understand during the meeting.
Step 5 – Implementation
We put the plan into place, monitoring the progress and keeping you abreast of all developments. You can have peace of mind knowing a regulated professional is implementing your plan.
Step 6 – Ongoing Review
An ongoing monitoring and review process is advisable to ensure that you pension arrangements are still optimal for your situation. It depends on what form this takes but it usually at lower cost that initial advice.
Fill out our contact form and an adviser will call you back.