IS YOUR PENSION LOSING MONEY?
If you are a member of a UK Occupational plan, it is entirely possible that your pension funds are only being credited with the lesser of 5% or the Retail Price Index (RPI) instead of the real investment growth of your funds.
Typically this could have been as little as 2.4% p.a. over the past few years or currently only 1.8% p.a.; Your former employer can legally keep any additional increase and use it to fund remaining employees. Well-managed pension funds have historically increased between 5% and 18% p.a.* In other words, you can be short-changed quite legally.
TAKE CONTROL OF YOUR PENSION
You can overcome the problem by transferring your pension to an approved Self Invested Personal Pension under your own control and enjoy 100% of its growth potential.
ENJOY 25% TAX-FREE CASH
In most cases pension benefits can now be taken from age 50 if you wish
even if the existing plan was set up to provide benefits at age 65. For many this will mean that 25% of the value of your pension fund can be taken as a cash lump sum, free of UK tax, with the balance taken as an income All of this can be done even if you have not actually retired. Important income alternatives are now allowed.You are no longer obliged to take an annuity
which could be to your disadvantage but you can choose what is known as phased retirement income or income drawdown.If this sounds complicated you are right it is complex. Kestrel International can advise you as to your situation and assist you in finding the best solution without any obligation.
ACT NOW FOR MORE INFORMATION
If you would like to know more, please click on the email link or call me on (770)-354-2404 Kestrel International Group, whose parent company is registered in British Virgin Islands, is staffed by expatriate British Consultants with highly specialized knowledge of the UK pension industry and its stringent regulations. Don't delay You may be needlessly losing money right now.
This can be quickly changed for your benefit