The state pension and occupational pension scheme in the UK are major topics in everyone’s minds. Our clients always ask: Should I contribute to employer’s pension? What will happen to my accumulated sum if I die? How would I get my pension tax free when I reach normal retirement age? Lots of questions but very difficult to get precise and correct information. People are afraid to contribute money to their private pension schemes since in most cases, no professional advice has been offered to them. As mentioned already, language barrier makes it hard to understand how the pension system operates in the UK. There are many different pension providers, companies, and brokers, but we, as clients, are always looking to get comprehensive and detailed advice in our own language to understand what is going on with our investment assets and how they can accumulate and grow.
*For all pension related matters, we are working with Phil Gee Financial Ltd, FCA number 802286*