Our main retirement services and charges are summarised below:
 
 

To provide a recommendation on starting a pension, we charge 2% of the amount to be invested (minimum charge £500). This provides you with information and advice on which pension provider to use, your optimal investment strategy and what you can expect your pension to provide you in retirement. We can then manage your pension investments in the same way as our investment management service and charge the same amount as for any other investment.
 
 

Retirement planning aims to answer the bigger questions about how you fund and plan for your retired years. Retirement planning falls under our financial planning service and is charged in the same way. You may either opt for an ongoing financial planning service paid monthly or by ad-hoc or one-off services which simply look at your retirement planning needs in isolation. You can see a full breakdown of our financial planning charges and choose the plan that is right for you.
 
 

To provide a full ‘Pension Review Report’ covering analysis and advice on whether to switch or consolidate your pensions, we typically charge £500 (currently free as a special offer). Should the report recommend that you transfer your pensions to a new provider, we charge 2% of the amount to be transferred (minimum charge £500).
 
 

Pension Review (For Any ‘Defined Benefit’ Pensions)

We manage the money you have in your pension in the same way as our investment management service and charge the same amount as for any other investment. This is typically 0.8% per annum where you are invested in a NorthStar portfolio, 1% per annum where your pension investment portfolio is with any other provider or 0.5% per annum where you invest in a simple pension product with a limited fund range (minimum charge £500). 
 

If we advise you make any ongoing contributions to your pensions, we charge 2% of each contribution to facilitate these payments. We don’t make a charge where you directly make ongoing pension contributions without seeking advice.
 
 

To provide a ‘Retirement Strategy Report’ with a full pension review, we typically charge £600. Should the report recommend that you transfer your pensions to a new provider to either improve your pension planning or to facilitate drawdown, we charge 2% of the amount to be transferred (minimum charge £500). To facilitate your pension income, we charge 1% of any amount to be annuitised and/or 2% of any amount that we recommend moving to a new drawdown contract (minimum charge £500). These implementation charges are only payable should you wish to proceed with the advice given. This report sets out a specific retirement strategy to address your current needs. This will typically include an overview of your retirement assets, analysis showing the earliest time you can afford to retire, whether you can meet your retirement income requirements and how a financial disaster could impact your retirement. It will also cover how best to take your retirement income, a strategy for releasing tax-free cash and a strategic review of the assets to fund your retirement. The report may recommend that you transfer your pension or purchase an annuity and/or drawdown directly from your pension.
 
 

To provide a ‘Retirement Strategy Report’ where no pension review is required, we typically charge £800. This report sets out a strategic overview of your retirement strategy. This will typically include an overview of your retirement assets, analysis showing the earliest time you can afford to retire, whether you can meet your retirement income requirements and how a financial disaster could impact your retirement.
 
 

If you want to keep your pension invested after you retire, drawing the money as you wish, we manage your money in the same way as our investment management service and charge the same amount as for any other investment. This is typically 0.8% per annum where you are invested in a NorthStar portfolio, 1% per annum where your drawdown investment portfolio is with any other provider or 0.5% per annum where you invest in a simple drawdown product with a limited fund range (minimum charge £500).
 
 

All Other Retirement Services

For any other specialist retirement services, we will quote a price on enquiry. We are always clear on what you will pay for our services before you commence.