It amazes us when clients say that they do not know how much they have in their pension. You pay into your pension each month for years, and more often than not, unless your Financial Advisor forces you to review it, you never look at it. If you are employed, your employer pays into the pension as well. Pay into your pension throughout your working life, and it is liable to be worth more than your home.

Despite this, most people simply take the statements and stick them in a drawer to look at some other time.. probably.

The big question I want to ask you is simple: Do you know your pension value?

If we delve a little deeper, what do we mean by pension value?

We could mean the pounds and pence value on your pension statement. We could be referring to the projected value you will have when you get to retirement age. Could it be the value of your pension on death before or after retirement?

In reality, it is all of these and more. The value of your pension is entirely subjective. It depends on your circumstances and your goals for the future.

If you would like to build a proper financial plan, set out your goals for the future and understand the true pension value of your pension, get in touch through the contact us page.