When you require any form of financial advice, it’s vital to locate a trustworthy financial advisor who has the latest knowledge in terms of financial plans and will be able to accommodate to your needs to ensure you benefit. If it is final salary transfer advice that you require, you can always rely on our experience here Generation Financial Services.
The final salary scheme isn’t utilised as much as it used to be, but it is still a process which is available with many companies in the UK, but mostly with the larger employers. If you’re aware that your company runs a final salary pension scheme, then it is an opportunity for you to confirm your retirement with an agreed salary. The pension scheme is operated on behalf of the employers by a Board of Trustees. The board are then left with the responsibility to manage all aspects of the scheme, including the payment of benefits to retired members. The final salary scheme exists to offer any one looking to retire from employment an income, which is based on a proportion of their ‘final salary’.
Our experts are extremely friendly and each understand that for many people, speaking about their finances is an extremely anxious process. You can speak to any one of our financial experts today by calling 020 3728 7900, you will get your answers answered quickly by the team.