Personal Pension Advice

Looking for personal pension advice? Schedule a free initial call with a qualified pension adviser today!
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This website describes our Pension Tracing Service. We are not affiliated with the Government’s Pension Tracing Service and if you have come to our site by mistake you can find the UK Government’s Pension Tracing Service here

GOV.UK

What is a Personal Pension?

Personal Pensions are pensions where you can either make monthly or lump sum payments via a pension provider. They are there to build up a tax efficient pot that by the time you get to retire would pay out an income. The amount of income you receive depends on how much you have paid into your pension over the years, how well the fund’s investments have performed and when you decide to retire.

These type of pensions can be suitable for when you are employed but not yet in a company pension or as an addition to a company pension scheme.

What is Personal Pension Tax Relief?

Pension providers claim tax relief at the basic rate and add it to your fund. Another tax benefit of a personal pension is that upon retirement, your pension fund will generally allow you to take a 25% tax free cash lump sum.

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

What to do if your Personal Pension is under-performing?

If you find out your pension fund is under-performing, at least certainly on a long term basis, you should consider changing to a different fund. If you are going to switch, get advice, don’t base your decision on short term performance, other factors such as charges need to be considered. Find out what’s available to you and if you are unhappy with the performance of your fund options, consider moving your pension to a different provider.

Our Pension Review Service

Your pension provider should be sending you annual statements, telling you how much your fund is worth and what you are expected to receive in retirement. Often these are not sent or received and even when they are, they can be confusing to understand.

Our Pension Tracing Service includes an explanation of your pensions FREE of charge. We take the jargon and turn this into easy, everyday language helping you to understand how your funds are performing.
FREE PENSION REVIEW
Looking for a Pension Specialist Financial Adviser near you? 
Contact us today to schedule a free initial appointment to discuss your pensions options!
Transferring out of a defined benefit / final salary pension is unlikely to be in the best interest of most people.

Why Choose Us?

Experienced Advisers: Our team brings a wealth of experience and knowledge, ensuring you receive advice that is most appropriate for your needs.
Tailored Solutions: We recognise that every client's needs are different, and we offer solutions that are customised to suit your unique situation.
Proven Track Record: Our clients trust us for our commitment to excellence and the successful outcomes we've achieved.
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Approver Quilter Financial Services Limited & Quilter Mortgage Planning Limited February 2025

Disclaimer

The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. 

Beals Wealth Management and Pension-Tracing-Service-UK.co.uk are trading styles of Beals Mortgage and Financial Services Ltd, an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority. Beals Mortgage and Financial Services Ltd is registered in England and Wales, No: 08286166. Registered Address: Unit 1 Fulcrum 2 Solent Way, Whiteley, Fareham, PO15 7FN

o Auto enrolment, Tax Planning, Inheritance Tax Planning, Estate Planning, Legacy Planning, Powers of Attorney and Pension Tracing are not regulated by the Financial Conduct Authority.
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