Consolidating Your Pensions
Over the course of your career the average person can expect to accumulate several pensions.
Sometimes it will be possible to consolidate your pensions. It may not always be to your advantage but if this is the case you can still consolidate them under one adviser.
Consolidating under one adviser will mean that;
- you will have more visibility and control
- it is likely that you will have access to a far wider range of investment options
- you can have a formal review process to track your progress annually
- when it comes to maturing your pension, it will make it easier and quicker
Finally, and most important, if you have more than one pension you need to make sure that they will provide sufficient income to fund your retirement. You can see a good example of how we helped a client to determine this and take corrective action in good time here.
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The material and information contained on this website is for general information purposes only. Neither the writer nor Highfield Financial Planning Ltd makes any warranty as to the completeness, accuracy or reliability of the information or the suitability or availability of products or services, referred to on the website, for any purpose. You should not rely on any information contained on this website as a basis for making any financial, legal, taxation or other decision. The information presented does not include all the considerations which are relevant to the topic discussed as to do so would render it un-readable. When considering any financial issue you should seek the advice of a suitably qualified adviser.
Best Pension Advice is a trading name of Highfield Financial Planning, the most client focused financial services company in Ireland. We provide superior advice on Retirement Planning for all types of pension available in the Irish market. As Specialist Investment Advisers we can also help you to manage the investment of your pension to achieve your income objectives in retirement.