Getting a personal or company pension forecast

You can ask your pension provider for a forecast of what your pension will pay when you retire. The pension provider may be your employer if you contribute to a company (occupational) pension scheme, or your personal pension provider.

Your pension provider will regularly send you certain information, for example an annual statement of your pension fund's value. This should include a forecast of your pension income at retirement age.

Bear in mind that your forecast is only an estimate and is based on a number of assumptions, including:

All of these factors could change at any time, in which case you might need to get a new forecast.

 

 

Company and Personal Pensions

You have set up your pension and you pay into it regularly.  Here's how to make it work harder for you and increase your retirement income.

Boosting your pension isn't just about increasing your regular monthly payments or paying a lump sum when you can.  You can also change your investments, consolidate all your pensions in one place or even change your retirement date  to give your fund more time to grow.  Bear in mind though that investments can fall as well as rise and you might get back less than you invested.

We can show you how to make your pension perform better.  We can do this in conjunction with your Independent Financial Adviser (IFA) or you can use ours.