In each of our case studies, we highlight a specific issue or topic that our advisers have helped clients to manage. We also show how working with a trusted financial adviser provides continuity and peace of mind for our clients.
In this case study, we look at how a review of pension arrangements led to greater visibility for Doug. The client adviser relationship was solidified when Doug needed help making sense of residential care home fees for his mother-in-law.
What first prompted you to seek financial advice?
I’ve had financial advice for a few decades now but in the run up to retirement I realised that I was running about five pension funds all with different providers. I didn’t really feel like I had a grip on what my overall situation was and whether I could afford to retire or not.
I had some questions about the benefits and the logic of consolidating my pensions. Based on the assessment and the advice of my adviser, I transferred my various pensions to a different provider with an active and progressive approach.
How has the advice conversation moved on and evolved?
My adviser’s help was also invaluable when my mother-in-law was taken ill and spent an extended period in hospital and then into end-of-life care.
Happily, she recovered and was then transferred to residential care. I don’t think we would have coped without the support and the network that our adviser provided to us at that time. We had no idea about how paying for residential care works and it was such a stressful time, made less stressful by the care and support we received from our adviser.
How important is the relationship with your adviser?
Get in touch
If you’re in a similar situation to Doug, find out how Flying Colours can help you achieve your retirement goals. Book a no-obligation consultation with one of our retirement planning experts today. It’s free and there’s no pressure to work with us afterwards, but after 45 minutes you’ll come away with:
- A clear picture of where you stand with your retirement planning from a qualified financial adviser
- Guidance on potential tax-saving opportunities you might be missing
- An understanding of your retirement income options and drawdown strategies
- An initial assessment of your pension arrangements
- Professional insight on whether you’re on track for the retirement you want and what you may be missing
So what have you got to lose? Book a consultation today!