Are you concerned whether you are getting value for money from your pension investments?
There are many factors that are impacting upon the ultimate retirement income that consumers expect to receive once they retire. One reason is due to the fact that generally people are living longer and therefore pension savings are expected to provide an income for a longer period. Equally, just a few years ago the interest rates governing the annuity payment were much higher than they are today. These are amongst two of the factors that are impacting on retirement incomes. There are others which are not so evident but many customers are still not taking advice when it comes to deciding on the best options avilable to them. One simple message is that most consumers believe that they have to take the pension income that is being offered from the pension provider that they have saved with all their lives. This is not true as often the income can be significantly increased by exploring the open market option. For details of the open market option available to all consumers please contact Absolute Sense IFA Ltd.