A Brighter Approach to Pensions

03333 224422     enquiries@policyone.co.uk

One of the main factors to take into consideration when looking at your pension performance is the effect of high charges

Effects of High Charges

Older pension policies - those taken out in the 80's and 90's - often carry very uncompetitive charging structures.

Even though you may not be paying into them any more, it is likely that the high charges are still being applied.

What does this mean?

As an example, if you have a pension pot of £50,000 (which, you may be surprised, isn't unusual) and the combination of investment advice and annual management charges total 3% per annum, you would be paying £1,500 EVERY YEAR out of YOUR savings!

Is there anything I can do?

There are now many new efficient pension structures where you could be paying as little as 0.6% a year on the same £50,000 pension pot.

Just for a minute, compare that with how you look at your car insurance. If you could save £100 of your car insurance premium of £500, would you think about switching insurers? Probably!

Check with your adviser how much you could save by combining them all into one simple low cost policy.

It is so simple, call us or complete our Review form.

Click here to start the process »

 

 

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About PolicyOne

PolicyOne Ltd is a marketing company. We are not financial advisors and do not give any financial advice to consumers. We introduce to a number of IFA firms and companies who are happy to discuss your current pensions and make appropriate recommendations. Each company is authorised and regulated by the Financial Conduct Authority. We are not authorised to give advice and we are not liable for any financial advice provided by or obtained through a third party. The information published on this website is for information purposes only.

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PolicyOne Ltd
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Email: enquiries@policyone.co.uk

Telephone: 03333 224422

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