Your pension matters!
We’re here to help you choose the right decision for your future.
Your employer has chosen us to help you make the right decision on your M&G pension. Find out more.
We offer a Pension Advice Conslutation.
A session with a qualified financial adviser to discuss what action to take with your pension. Our friendly advisers will consider your personal circumstances, including any other pensions you may have.
How the consultation process works.
We get to know you
You will authorise us to access your modeller and we will ask you to complete a ‘fact find’ so we know more about your circumstances.
Consultation
One of our advisers will take you through the modeller and answer any questions you have.
Recommendation
Our adviser will take account of your needs and objectives before recommending the best solution.
The cost to you is £120* including VAT.
This can be deducted from your salary.
There will also be a Benefit in Kind charge on the part of the member charge your employer pays.
A benefit in kind charge is a tax charge where the value of the benefit (in this case £360) is effectively added to your income and taxed at your marginal rate. Typically, HMRC will account for it by adjusting your tax code.
What is the cost to me?
If you are a basic rate taxpayer the tax charge will be £72.
If you are a higher rate taxpayer the tax charge will be £144.
If you are an additional rate taxpayer the tax charge will be £162.
Your employer has also paid our set up charges, but a benefit in kind charge is not due on this element.
*Nil for colleagues who joined the organisation before 1 January 1995 (but the tax charge will be 25% higher than the amounts illustrated above)
Get started today.
Request an advice meeting.
By completing the form below, you acknowledge the payment of £120 including VAT being deducted from your salary.
Alternatively, you can contact us via email.