James had built up a number of pension arrangements over the course of his career, having changed employers several times. While he had a general sense of their value, he found it difficult to keep track of them and felt unsure whether they were working effectively.
The Challenge
With around 10 years until his intended retirement, his main concern was a lack of clarity, and whether he could be doing more to improve his overall position.
The Solution
Our adviser, Josh, carried out a detailed review of each of his existing pensions, assessing charges, investment strategies and any valuable benefits that needed to be retained. Where appropriate, he recommended bringing a number of these arrangements together into a more coherent structure, making it easier to manage and align with his long-term objectives.
Alongside this, we agreed an appropriate investment strategy based on his objectives, time horizon and attitude to risk, ensuring his pensions were positioned to support his long-term plans.
James preferred not to be involved in the day-to-day investment decisions, so we agreed a discretionary investment management arrangement. This allows us to make day-to-day investment decisions on his behalf, within an agreed framework aligned to his objectives and risk level, without the need to seek approval for each change.
The Outcome
He now has a clearer understanding of his pension position, with a more structured approach and the reassurance that his investments are being actively managed as part of a long-term plan.
