Company Pensions
Company Pensions – Lots of people who work are members of an employer-related pension scheme. But these pensions often come under different names, like Employers’ Pension Schemes, Superannuation and also Company Pensions.
There are also Occupational Pension schemes. And these come in two basic types:
- Defined Benefit (also known as Final Salary Schemes)
- Defined Contribution (also known as Money Purchase schemes)
These are very different in terms of what they offer and how they work. Many firms are now switching from Final Salary to Money Purchase Schemes, as they’re cheaper.
The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance. Investing in shares should be regarded as a long-term investment and should fit in with your overall attitude to risk and financial circumstances.
Mr Cooper, Lowestoft
Professional handling of financial affairs
May I use this opportunity to thank Cindy and Keith for the professional way that you have always handled my financial affairs. As a satisfied customer, I would be very happy to recommend Pembroke Financial Services to any of my friends and family.
Caroline Sullivan, Brighton
Patient, informative and diligent
I’ve used Frances Boiling’s services for several years as my financial advisor. She has always been patient, informative and diligent. Most recently, she has helped me to invest part of an inheritance, and has taken the time to thoroughly answer all my many questions. That kind of professionalism – especially since I’m not a big-money client – deserves praise, and I hope you’ll let her know how much I appreciate her.
