Do you know about the charges and fees associated with your pension plan, or are you oblivious to the fact that you could be paying out thousands of pounds in charges over the lifespan of your pension fund?

Panorama investigated the high management charges applied to some pension plans and found that some major providers were taking total charges equal to more that 80% of your pension contributions during the term of the plan.

Change in charging structures

Old style pensions can charge a lot more than current ones. It is thought that there are tens of thousands of people across the UK who still own old style pension contracts with high charges.

Some companies which still have some pensions with old style charges are:

If you have a pension plan with any of the above pension companies UK, it is highly advised that you seek a professional pension review from an expert to ensure that you are not paying over the odds for your pension.

Who can help me decide which pension companies in the UK are the best choice for me?

Pensionlite carries the prestigious status of Chartered Financial Planners.

Our Chartered status, granted by the Privy Council, is our industries gold standard for financial planners and is currently held by less than 300 firms across the country.

This status brings with it serious obligations to ensure the advice, service and ongoing support we provide for you is of the highest quality, based solely on your researched needs and provided by someone of appropriate competency.

We offer whole of market choice and have no links or ties to any single business or organisation.

Our aim is to provide our clients with tailored solutions, created by advisers with particular skills and specialist qualifications.

Our advice process is always to gather a full understand our clients needs, circumstances and aspirations together with detailed analysis of any existing arrangements and make written recommendations before any decisions or actions are taken.

We provide free, independent, no obligation review and recommendation reports covering all aspects of our specialist areas of work.

Knowledge is power and unless you know, how can you decide on a course of action.

We look forward to being of service.

To contact us telephone 01952 279 379, e mail enquiries@pensionlite.co.uk

or visit our web site www.pensionlite.co.uk and send us an enquiry that way we can help you decide which pension companies to choose.