Ongoing advice

Whatever you want to achieve in your retirement, My Pension Expert’s independent financial advice can help you unlock the potential of your retirement savings.

For anyone looking to invest their funds, whether that’s a pension or other savings, it’s wise to keep monitoring and evaluating your strategy going forward. That’s why we’re pleased to offer an ongoing advice service that helps you stay on track throughout your retirement. So, you can rest assured that your savings are in great hands.

Why do I need ongoing advice?

One of the great features of drawdown is its flexibility – you can change your plan at any time. Need to change your level of income? No problem. Want less exposure to risk? Sure thing. In a fast-moving world, your circumstances and objectives can quickly change, so having a retirement strategy that can change with you can be a huge benefit.

However, changing things like your income or switching portfolios can drastically impact how long your fund will last, so it’s important to understand the implications of any alterations. This is the same with other investments; where a portfolio may have been suitable for you when you first invested, it may not suit your requirements later. Receiving ongoing advice offers you peace of mind that the decisions you make today and during the life of your plan are always in your best interests.

What’s included?

Clients who sign up for our ongoing advice service benefit from:

An annual financial health check to refresh their advice and make any required changes to their investment plan.

Year-round access to their Independent Financial Adviser (IFA) and Client Support Representative to answer any questions.

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Regular news and performance updates through our client newsletter.

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Our dedicated team regularly review the market to make sure their recommendation remains the most suitable option for each client’s needs and retirement goals.

How much does it cost?

Our clients are at the heart of everything we do, so we’ve worked hard to offer a competitive, comprehensive ongoing advice service.

Unlike some advisers, we have no other ad-hoc charges; we won’t charge you extra for making a withdrawal or changing your investments. Instead, you’ll pay a simple ongoing advice fee. You can find the full breakdown of possible charges that may apply to your drawdown or investment products here.

info icon blue Important information

When investing, your capital is at risk. Past performance is not a guide to future performance.

If you invest in a flexible-access drawdown (FAD) plan, your pension pot is invested. Your income relies on the performance of your fund. A FAD is usually a long-term investment; the fund value may fluctuate and can go down. Your income will depend on the size of the fund, the performance of the fund, the economic climate, and tax legislation.