A Pension Bond or Buy-Out-Bond can by a great way to manage a pension from a previous employer or an existing pension product. The days of having a job for life have become less and less, employment in the modern context is much more fluid. Many people find themselves in their mid-30’s and 40’s having a number of occupational pensions from previous employers. It hard to keep up to date on what’s happening and know whether a pension fund is performing. In reality some funds do better than others depending on the strategy adopted by the fund manager. Fund managers can leave life companies and their level of skill is not always replaced or simply a fund can adopt the wrong type of investment strategy.
A Buy-Out-Bond is a sensible pension solution that many people overlook. You can take your existing pension or pensions and place them with one or more Buy-Out-Bond provider. Brindle Financial Services has access to multiple Buy-Out-Bond products through the many appointments we hold with life companies. This allows us to access many different fund choice options and we can provide either once-off or ongoing advice subject to your requirements. The advantage of a Buy-Out-Bond is it gives you control over your pension and greater flexibility and potential fund choice. It is easy to forget about your pension once you leave a company but pensions need to be reviewed and managed, otherwise your money is at risk of under-performing and may be out of step with your changing appetite towards risk.
Reviewing your pensions is easy, just gather up your documentation and we can arrange a meeting, you can pop in to see us or we will come to you.