Pensions

      HP Asset Management financial advice to insure your getting the most out of your pension.

    Who We Are And What We Can Offer You?

    At HP Asset Management (HPAM) the preservation and performance of the clients wealth is top priority. We take great pride in the level of bespoke financial planning and advice service provided to each and every client. Ensuring our clients fully understand the products, how each product works and why we are advising them to use the products to enhance and protect their financial position is of the upmost importance.

    Providing a consistently transparent and attentive service enables every client to feel comfortable and safe in the knowledge that their wealth and the future of their wealth is being monitored, secured and cared for by industry professionals who care.

    • A free no-obligation analysis and review service
    • Making sure you have a retirement plan in place to protect your future
    • Feel safe knowing the future of your wealth is being monitored, secured and cared for.
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    Get your free analysis and pension review with HP Asset Management!
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    HPAM Pensons


    To ensure you make the most out of your pension

    The most important and tax efficient tool for most individuals retirement is their pension. At HP Asset Management we will advise you on not only how to get the most out of your pension but also how to build it up sufficiently in order to fund the lifestyle you want in your retirement.

    The pension products we provide all qualify as ‘registered pension schemes’ – that means they benefit from certain tax advantages that aren’t available to other kinds of investment.

    • You can transform your taxable income into highly tax-efficient long-term savings.

    • Usually, you can take up to 25% of your fund as a tax-free sum when you start taking benefits.

    • Contributing to your private pension can allow you to receive income tax relief from the HMRC and in some cases result in an annual tax rebate.

    The pension products we recommend accept regular contributions, single contributions and transfer payments from other UK-registered pension schemes or overseas schemes approved by us.

    A common mistake made by many individuals is forgetting about a pension scheme when they leave an employer, this often happens more than once during ones career. Neglecting an old pensions could hinder your pension because of two main reasons, monitoring and investment approach.
    A pension is a tax efficient savings pot for retirement, the more money invested in the pot before an individual reaches the age of drawdown (when they can start to use the pension for income) the more money they have available to supplement their lifestyle in retirement. Without monitoring the value and performance of the investments the overall progress and efficiency of the pension pot cannot be tracked, this is taking an unnecessary risk with the level of retirement income in the pension.

    From a commercial stand point companies simply do not have the time or resources to tailor the occupational pension to each individual member of staff, this means that it’s likely the investments within the pension remain the same throughout, this also corresponds with an old private pension, most individuals simply forget to monitor just don’t have the time to assess their investments in the pension. The global investment market and economic background is unlikely to remain in the same state throughout one’s life, this means that one investment will not be appropriate or effective throughout this period of time and is likely to require altering in order to try and consistently enhance performance.

    An individual should take less investment risk the closer they get to retirement in order to protect their level of wealth for retirement and inheritance purposes, this is known as ‘Lifestyling’, there is less chance of this being achieved if old pensions are not being monitored or analysed on a regular basis.

    At HPAM we provide regular statements for all of our investment wrappers, a semi-annual Investment Review and an Annual Review to ensure you stay on track with the financial strategy we have tailored to you. You can also log-in to your HPAM online platform to check on the investments yourself at any-time.

    HPAM provides a free no-obligation analysis and review service in order to assess the following:

    • The investments within each pension
    • A full asset allocation and performance breakdown
    • Level and appropriateness of risk
    • Transfer Value

    This information will be used to assess whether or not it’s worth consolidating the pensions into one scheme at HPAM. Consolidating previous pensions into one pot at HPAM will ensure:

    • Consistent monitoring
    • Risk assessment
    • Re-allocation of investments (if required)
    • Assessment of pension value to ensure desired level of income in retirement can be met.
    • Retirement planning strategy

    To find out more about pensions or the benefits of our pension consolidation service download our brochure or please arrange a call with an adviser.

     The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

    Tax treatment varies according to individual circumstances and is subject to change

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