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.
Nick Briggs, East Sussex
I absolutely recommend their approach and service
I am very happy with the service that I have received from Pembroke Financial Services on the transfer of my pension from a final salary scheme to a personal pension. I found that Frances was knowledgeable, thorough, and a very clear communicator eliminating jargon, The Pembroke process that was followed including support systems with risk and cash flow analysis allowed a rigorous fact based recommendation about what I needed to do. The time spent with my wife Lesley explaining what was proposed gave both Lesley and me the comfort that Lesley would be well supported after I have gone. I absolutely recommend their approach and service.
Mr C Young, Brighton
Efficient and friendly service with relevant advice
From a personal point of view Pembroke Financial Services has always provided an efficient and friendly service with relevant advice. As a client of my firm, the company has always acted in a professional manner.
