A phone number enabling pension savers to book an appointment for free guidance that will help them make vital decisions their new retirement freedoms has been launched.
The Pension Wise service (030 0330 1001) will help guide people through their options when radical new freedoms come into force from April 6.
However, as the Government itself has admitted, the service will offer “guidance”, not “advice” such as which product is right for an individual or help on investments, for example.
That is where the experts at the JW Hinks Lifestyle Services team can help you.
Chancellor George Osborne is urging people to book their appointments to have a conversation about what they might want to do with their pension.
We know that this is one of the biggest decisions you will ever have to make, and it may be that a quick conversation over the phone is not sufficient.
The new pension freedoms give you a level of choice you have never seen before over what to do with your pension savings, and each circumstance is different. We can provide that personal touch.
The Government has emphasised that April 6 is the start of the new pension freedoms and not a deadline for pension savers to act. Take your time about making your decision.
The idea of a large sum may be appealing, but it could be your money is best left where it is. By talking to us, we can help you decide.
At JW Hinks, our Lifestyle Services team can provide you with comprehensive advice. Contact us for more information.