With pensions in the news, now's the time to take a look at what you have. When was the last time you looked at what you have in place? And how's your paperwork looking?

1. D O
Y O U
N E E D
A
P E N S I O N S
R E V I E W ?

2. You may not be able to access it yet.
...but it's still your money.
Here's why you
should review yours...

3. ? ?
?
What do you actually have?
Yes, there is the State Pension.
But that part-time job you had...do you remember if you were
enrolled?
What about that first job you got after university?
When you were off travelling for a bit? What then?
Some of you will know what you have and where it is.
But for the rest of us normal people, it's time to hunt down that
paperwork!

4. Got multiple pots?
The days of 'a job for life' are a-changing.
We're more likely now to switch careers and move
around than our parents were.
This means with auto-enrolment, there will likely be
several pension pots accrued in our working life.
So why have five pots making minimal interest when
you could combine them into one larger pot?
Makes sense...and easier to manage!

5. Are you self-employed
or a business owner?
You're either busy enough making sure you get paid
or making sure the day-to-day running is going
smoothly.
So if you've got a SIPP, check to make sure you've
got the best one for you & your lifestyle.

6. The earlier you are in your career, the more risk you can take on.
Because after all, if anything happens in the next five years,
you have longer to recover.
But if you're thinking about retiring in the next five years, then you may want
to rethink your own attitude to risk, and switch to safer investing options
(i.e. bonds & cash.)
Risk?

7. Ecofriendly?
Climate change.
Ethical investing.
If it matters to you, then make sure your pension scheme matches your values.
Check yours to make sure that you're not investing in anything dodgy or
unethical, such as arms manufacturing or tobacco.
Engaging with your provider will hopefully make them act accordingly

8. Fees?
Funny how pension scheme providers don't tell you
when their charges go up or are due to, isn't it?
Regularly checking any paperwork you get means
you can see if you are overpaying or if your funds
are performing as they should be.
£

9. Retirement plans changed?
"I'll be working until I reach retirement age."
Ever heard anyone say that?
But what happens if you have to stop working
for medical or personal reasons?
Have you saved enough for a comfortable
retirement or will you need to work a bit longer?
Or maybe you want to work part-time and take
out an annuity to fund a lifestyle change?

10. Hopefully,
this will get you
thinking about
your pension plan(s)