Full pension review service

Many clients collect several different pensions arrangements throughout their working life; these could be a mixture of:

Defined Benefit (DB) occupational pension schemes
Defined Contribution (DC) occupational pension schemes
Section 32 Buyout Plans
Stakeholder Personal Pension Plans
Retirement Annuity Contracts( RACs)
Self-Invested Personal Pension Plans (SIPPs)
Group Personal Pension Plans

If you have several pension pots, consolidating your pensions can be an excellent way to get on top of your retirement savings. Having many pensions scattered across different providers can make them extremely difficult and time-consuming to manage.

Consolidating pensions into a single plan can help you with this and reduce the stress and time of managing multiple pots while also giving you more transparency into their performance and the fees you’re paying.

Having all your funds in one place

It can be challenging to keep track of your retirement savings. Consolidating your pensions means that you only need to keep an eye on one pension, and it can help reduce the stacks of paperwork you may currently have to deal with while also giving you more extensive investment options.

A pension plan that’s easier to manage

Many pension plans are quite old-fashioned, with providers communicating mainly via post. In contrast, consolidating your pensions means you can choose a modern pension plan that can be easily viewed and managed online.

Lower fees

Consolidating your pensions can make it easier to monitor the administrative fees you are currently paying and help to reduce them.

Better-performing funds

Many clients move their pensions because they’re looking for a pension plan that offers the potential for a better return on their investments. Only having one pension to look after means you can choose a single plan that matches your risk appetite and how you want your money invested, often with 1000’s of different investment options from the leading investment managers.

Some of the largest investment brands in the UK are among the worst-performing, with the ten worst performing managers responsible for managing more than £500 billion of UK client money.

Square Mile Asset Management can provide a full review and, if appropriate, consolidation of your existing pension plans. We can provide advice to UK and non-UK residents and have solutions for US tax resident members.

If you have pension funds above £250,000, please contact us for further information on our pension review service.

How can we help?

To find out more about how we can help you, please contact Square Mile Asset Management on +44 (0) 20 3603 3888 or email hello@sm-asset.com

Past performance is not a reliable indicator of future performance.
Investors should remember that the value of an investment and the income received from an investment can go down as well as up, and they may not get back the amount they invested.
Investment returns may be constrained by charges levied and inflation may reduce the value of investments.
Changes in exchange rates or taxation may have an adverse effect on the price, value or income of the investments.
All statements concerning the tax treatment of products and their benefits are based on our understanding of current UK tax law and HMRC's practice.
Levels and bases of UK tax relief are subject to change.
Any non-UK residents should take the appropriate legal and/or taxation advice locally if required.

Square Mile Asset Management
30 Moorgate, City of London, EC2R 6DA.
Telephone: 020 3603 3888 Fax: 020 7112 5127 Email: hello@sm-asset.com

Square Mile Asset Management Limited is authorised and regulated by the Financial Conduct Authority (FCA). Reference Number 585160.
Square Mile Asset Management Ltd is registered as a private limited company in England & Wales No. 05279520.
Registered office: 1 Parkshot, Richmond, Surrey, TW9 2RD.