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Existing pension providers
Any old frozen pension plan should be reviewed however there are those that perhaps should be looked at more urgently than others. These can be broken into two groups,
Firstly, insurance companies that either no longer exist, or no longer sell new pensions. Although your money will still be invested, the returns tend to be a lot lower than the average because the investment funds are closed funds. This means that there is only money going out of the fund, and none going in so the pot is dwindling.
Secondly are those providers who may traditionally have higher charges or lower performance, particularly the banks and pension companies that only sell their plans through their own sales people.
| Abbey Life Allied Dunbar AMP, Britannic Barclays Canada Life CIS Eagle Star GE Life General Portfolio Guardian |
Halifax Life |
Royal Liver Royal London Scottish Life Skandia Sun Life of Canada Swiss Life United Friendly Winterthur Life Zurich |
If you have a pension plan with any of the above providers then we strongly recomend you take advantage of our free pension review service.
If you have an old or frozen pension plan then you should have it reviewed by the qualified experts.
You may be able to:
- Increase the value of your pension
- Unlock your pension
- Consolidate your plans
- Save £thousands in pension charges
- Access better performing funds
- Release tax free cash from your plan
- Receive an immediate income
