With so many retirement options available to you, it is really important that you understand the benefits and risks of each one. You can do this by speaking with Pension Wise, a free and impartial pension guidance service that has been introduced by the government.
In addition, speaking with an expert to obtain advice on your options will help you to secure the retirement option best suited for your needs. If you have a financial adviser we recommend that you speak with them.
If you don’t have a financial adviser you can source a local one by visiting unbiased.co.uk.
Phoenix Customer Care can also help. We can put you in touch with Just Retirement Solutions our retirement advice service partner who have access to a panel of providers or our independent financial advice partner, 425, who can search the whole market for you.
Have you considered what would happen to your loved ones if you weren’t around?
Most people don’t like to think about their own mortality, but planning ahead means you will be safe in the knowledge that your loved ones will be looked after financially when they need it most.
An over 50s Plan is a very simple way to leave your loved ones a fixed cash sum after you’re gone. This could help towards funeral expenses, outstanding household bills or simply as a nest egg for your children or grandchildren.
A funeral plan is another way of providing help to your loved ones as it removes the worry about how your funeral will be paid for, and take away the potential financial burden from your family.
Phoenix Customer Care are pleased to be able to introduce you to LV, the UK’s most recommended insurer* who can provide you with over 50s life insurance and Dignity who are the UK’s leading funeral plan provider.
*Research from YouGov Brand Index using ‘Recommend’ measure conducted online between November 2013 and October 2014, sample size 35,384. For more information go to LV.com