Whether you are just starting to think about savings for your retirement or are just about to retire, we can tailor our services to suit your needs.
We recommend an initial meeting to find out more about what you are looking to achieve and we will tell you more about how we may be able to help and which level of service may be most appropriate. This meeting will last up to an hour, is free of charge and is completely without any obligation. Before this meeting you may like to consider:
What level of income you would like in retirement?
If you are still some years away from retirement then it may be more a case of how much you can afford to save each month. Ideally, you should aim to replace a percentage of your current earnings and ensure you review this over time to reflect increases in your income and how well your pension funds perform.
When are you hoping to retire?
Whilst this could change, it is important to have a date in mind so that we can project what pension provision will be available.
What other Pension provision do you have?
To get a full picture of what pension provision will be available it is important to take in to account any other schemes you may have, even if these are no longer being funded. It could also be appropriate to consider other Savings and Investments that you may have.
What rate of tax do you pay?
You will receive tax relief on your highest marginal rate of tax. There are restrictions on how much you can contribute to pension schemes, dependent on your total Net Relevant Earnings. To help us make an appropriate recommendation we would like to see a breakdown of your total earnings and clarify what rate of tax you pay.
Our Aim
We are committed to offering our clients the highest possible standards of service at all times. In doing so, we are pleased to support the Financial Services Authority initiative “Treating Customers Fairly”.
We want each and every customer to receive a level of service which enables them to fully understand all the implications of the contract they are entering into. When considering any investment we have recommended to you, there are some basic questions that we ask you to consider:
- Why am I investing?
- Does the product meet my needs?
- Do I understand the product?
- What is my maximum loss?
- How can I get my money back?
Further advice and assistance in answering these questions is available from your advisor. We can also provide you with guides from the Financial Services Authority (the FSA), called Moneymadeclear.
If you prefer, you can see the guides on the FSA’s website at www.moneymadeclear.fsa.gov.uk/
Contact us to see how we can help...
Under current legislation there are three different types of adviser:
Tied Adviser
Most Banks, Building Societies and Estate Agents are tied advisers. This means that their advice is limited to the products of a single company.
Multi-Tied
This means that the adviser is only able to look at the products of a limited number of companies.
Whole of Market
The widest level of choice that you can receive. As you might expect, this means the adviser is able to look at products and companies from the whole of the market to find the option that is best for you.
As our name suggests, at Choice Financial Solutions we offer you the widest level of choice and access to the whole of the market.