Many new clients approach Pure Wealth Management for advice regarding their pensions they have collected over the years from different workplaces and private provision.  Frequently these have plodded along in default funds, without any assessment of their suitability for you.  Pensions often become a “to-do” for people to one day look at and finally take control of what pensions we have and what this means for our retirement.

Pensions are both a daunting prospect and not all that interesting for most of us! Which is why they often don’t get shown the love and attention they deserve until it can be too late.  The key to retirement saving and investing is time frame.  The longer you have, the easier it is to plan and invest to achieve the goals that are important to you.  Whether that is seeing if you can retire early or establishing whether you’ll be able to comfortably budget through retirement, these are areas we can advise you on.

We start by assessing the pensions and investments that you already have.  We, at Pure Wealth, provide you with a clear breakdown of what they mean, how they are invested, performance to date and what they may provide you with.  We can then go on to assess the suitability of your existing pensions and their funds.

We discuss your attitude to risk and your objectives in order to establish whether your pensions can meet your goals. If appropriate, we carry out market research to present you with a comparison report of your pensions, alongside alternatives, to establish, whether your pension is working for you.  We can also explore the possibility of consolidating pensions, if you have more than one plan, in order to ease administration and support planning opportunities for you too.

Markets have been volatile over the last few years, so it could be a good time to assess the provisions that you have in place.  It is always better to plan with as much time as possible ahead of you.

If you’d be interested to know more about Pure Wealth Management then feel free to contact us, we can help clients with assets above £50k and provide you with a free initial consultation.

So, who are Pure Wealth Management?

Pure Wealth are an independent financial advice practice offering holistic whole of market advice to individuals and businesses across South Wales.  We are not tied to any company or provider and will work in partnership with our clients to offer bespoke financial planning typically on an ongoing basis.

Pure Wealth is part of the wider Pure Group which consists of specialists in other areas such as residential property, property investing, commercial property and development.  This ensures that clients of the Pure Group have the peace of mind that they are receiving independent advice across all areas of their finances.

Should any of the readers require any advice or have any question in relation to pensions or any other areas of their financial planning please get in touch mention Sportin Wales Magazine, and we will ensure the first consultation is free of charge.

The Pure Group will be running the Money Matters section of the magazine going forward so if there are questions or subjects that you wish to ask to feature in future editions, please get in touch by emailing info@purewealthmanagement.co.uk

 

 

Investments can go down as well as up. You may not get back the original capital invested.
This article is for information purposes only and does not represent advice or recommendation to act.