In your financial review we'll also discuss:
Your retirement income depends on the performance of your pension plan(s) so it’s important that you know how they’re doing and the kind of results you should expect. We will review all your pension plan arrangements no matter who they are with.
Different funds have different levels of risk and we will check you are still comfortable with the level of risk in each of your funds.
Are you maximising your potential income tax relief?
Don’t worry about the years that have gone. The older you are, the more income tax relief you may get. Are you using all your potential extra tax relief? Our Pensions Tax Relief Calculator will help you to find out how much you income tax relief you may be entitled to.
Are you within 10 years of retirement?
You may wish to review the money you’ve built up in your pension to match your changing needs. A ‘lifestyle’ strategy may be suitable: this involves gradually moving your own choice of funds to a mix of medium-risk to lower-risk funds as you move closer to retirement.