As you can imagine we get a lot of questions about this service and I am pleased to provide a response to some of these for you. Please contact us if your questions are not answered here.
I have a couple of Pensions with small pots of money can this service help?
Usually I would say that for Pension Funds of at least £18,000 would benefit from using this service. However even if you have a smaller fund there is a good deal of money to be saved, and of course there is the expectation that the value of your Pension Fund will grow.
Future savings to your Pension scheme will increase the value of the overall pot and the principles laid out in our series of manuals and ongoing help will improve your wealth.
How do I know that what you are telling me is the truth?
Any statement made on the website can be supported/is supported by evidence. It is not the intention to scaremonger or lie. We just want you to be aware of the facts than many Pension providers and many Financial Advisers are not providing you with the quality product and often the quality of advice you deserve.
Why do you constantly knock the providers of Financial Products and Financial Advisers?
Only the bad ones, the rest we praise. Indeed if they were all good then you would not need our service in the first place, nor would you be looking at this site. The fact is that there are some excellent providers in the market place, we just wish they were all like that. Until then a simple subscription to our service and some planning will help you on your way to financial freedom.
How do you know all of the information you provide is true?
Most of the information contained in the manuals and websites have been put into practice by it’s authors over the past 22 years, we have combined experience of over 40 years as Financial Advisers (Independent) we have also managed Teams of Financial Advisers which makes it easy for us to know and help you accordingly. We therefore are providing you with all of the skills and expertise you need in order to help yourself (self help for financial numpties). The information contained in the site will enable to you to become knowledgeable in the area of Pension sufficient for you to be able to make your own decisions.
I can get free advice from the Financial Services Authority why should I buy yours?
You are right you can and that is an option for you. I suggest that you make contact with them and ask whether they will teach you about Asset Allocation and the correct choice of Investment Funds. Whether or not that can provide the tools to compare one Pension with another. If you get all of the answers you need then that that great. You will be pleased you dropped by. Of course I you were able to get all of the answers there would be no need for this service. Call back next week to see if it is still here.
How long will the process take to move my Pension?All of the information and tools you need in order to move your Pension to low cost provider are contained within this site and the downloads section. It usually takes around 6 – 8 weeks to complete and of course can be longer. You can take the process as slowly as you want and we provide all of the guidance you will need in order make the move go slowly. It is far less time consuming than a remortgage for example.
I am not sure I have the skills or knowledge to be my own Pension adviser how will this website help me?
We provide all of the information and knowledge you need to make the right decision, we show you what information you need to obtain and what to do with this information once you have it. The details provided are split into separate sections so you only need to work on one part at any time and we use a ‘staged’ approach. This means that at no point are you left to feel overwhelmed or out of control. We have tested the process and the level of understanding required. you can read and write (english) and carry out some limited manual calculations you will not find it difficult. Importantly if you need help we provide a full email service to assist which will guarantee a response within 24 hours.
What type of Pension plans can you help with?
Broadly these plans, Personal Pensions, Stakeholder Pensions, Retirement Annuity Pensions, S226 Pensions, Buy Out Bond Pensions (Section32 orders) Contracted Out Personal Pensions, Income Drawdown Plans, some Variable Annuity Plans, Free Standing Additional Voluntary Contribution plans (FSAVC’s – linked to some Final Salary Pension Schemes) Defined Contribution Schemes, Funded Unapproved Retirement Benefit Schemes and Unfunded Unapproved Retrement Benefit Schemes, Executive Pension Arrangements (EPP) some Small Self Administered Schemes (SSAS). Self Invested Personal Pensions (Sipp) Phased Retirement Schemes, Alternatively Secured Pension (USP), Unsecured Pension (USP)
This is not an exhaustive list and some variants of these schemes will not be within the remit of the information contained within the Website, any inclusion of a scheme on this this should not be regarded as green light to move or start to switch without carrying out a review process first.
I know little about investing money and do not feel confident making my own decision?
Then this information is for you in that all of the tools and educational materials provided will put you in position that a professional financial adviser would have access to, many advisers do not even have this information which is as advanced as this. In order to take control of your future you may need to learn some new skills. a bit like riding a bike once learnt you will never forgot.
All of the principles and information contained are tried and tested and as outlined in Financial Adviser Training Materials along with the basis for Fund Management.
You should not be worried about making your own decisions with us providing the guidance through this website.
How much could I save by doing this work myself?Potentially many £££ thousands certainly if your have Pension fund of £30,000 and you are in your 40’s (not unusual) you could save around £20,000 in reduced charges before age 65. Of course you will also get access to a high quality range of Investment Funds which will potentially outperform many in the market place which means you could be even better off.
Certainly you will be able to reduce the charges on your Pension Funds by at least 60% (on average).
I do not feel that I can afford the time to make my own decisions?
Perfect; we know exactly how you feel and the whole concept of ‘be your own pension adviser’ has been set up so that you can manage your entire Pension portfolio in a few hours per month. The reality of course is that you can spend more time if you wish, learning and soaking up the information and you can then spend more time on planning your future. However for those of you that don’t the in a few hours per month is all you need.
Let me ask you another question, if we show you how to increase your overall wealth and reduce the effect of charges to the tune of £20,000 over 15 year period (based on a £50,000 pension pot) would you spend 2 hours per month reading a few emails and making a few changes. If not then thanks for spending the time so far, for the rest of you this system is for you.
Another quick point; why do you think wealthy individuals are wealthy? Perhaps they take the time to learn some new skills and others don’t. If you think like the masses you get the same as the masses and in the main that is close to poverty most months.
Why are Financial Advisers not producing this kind of information?
We honestly have no idea, we have worked extensively inside of some of the main financial institutions in the UK and are well placed to provide you with the guidance you will need in order to make your own plans. There are some tips and tricks you need to be aware of and we provide you with all of these.
Most financial advisers and the FSA seem to be focused on many other areas at present, and we just wanted to get valuable information out to you, in way that was easy to digest and of course provide you with the tools you need.
If you have any further questions please do not hesitate make contact.