At The Pension Review Service, we help our clients to understand what their retirement will cost them, what they have in place at present to provide a retirement income and what shortfall they may have in real terms.

We compile a bespoke report that incorporates the following;

1. What is the current value of my pension funds?
2. Assuming inflation stays the same, what will these funds be worth when I retire?
3. What type of pension contracts do I have & how do they differ from each other?
4. Assuming my funds grow at a specific rate, what impact will this have on my retirement funds?

We also include useful information on your probable entitlement to state benefits, such as the basic state pension.

How exactly does THE PENSION REVIEW SERVICE provide this information?
The first thing to note is that by engaging in our service, you will need to work with us to provide us with some basic information. We ask you to complete a brief but essential questionnaire, including a breakdown of your current monthly expenditure. We also ask you to provide us with details of your existing pension contracts – this need only be the name of the provider and a policy number. We will do the rest.

We also require your written consent to request the information that we need – we provide you with the necessary letters to sign to allow us access to this information.

How long does it take to compile my report?
As soon as you have provided us with details of your current pension policies, we make a start on obtaining the information that we need. Depending on who we are requesting the information from, this can take anywhere between 10 days and 2 months. We will however keep you update with progress at every stage. Once the final piece of information is with us, we aim to get your report out to you within 72 hours.

What are my options when I have received my report?
Please bare in mind that The Pension Review Service is an administration / information service only – we work alongside one of the UK’s largest firms of IFA’s and we introduce our clients to them for any independent financial advice that they may need. Alternatively, you are free to take the report and either do nothing with it or take it to a financial adviser of your choice.

The benefit in working with our preferred IFA is 2 fold

• Firstly, they are familiar with our report and because of our introducer status, we are able to share the information that we have with them.
  
• Secondly, if the advice that you take from them generates any fee payments or commission, they will refund the administration fee that you have paid to The Pension Review Service.