Getting a pension after retirement is a great financial support for the elders, but you do not have to wait so long to know if your current pension deal will provide you the great benefits in the future and if moving your pension will provide a greater deal, free-pension-calculator.com does that all for you. All you have to do is fill the form on their site and you will get a call from one of the advisors from free-pension-calculator.com and with the information needed regarding your pension, they will review your pension scheme and will get back to you with the report in 3 months. Lot of people lose their pension details, it can happen due to mainly two reasons, if you have changed your job or relocated. If you have lost your pension details, free-pension-calculator.com will trace it for you based on the information provided by you.
For not only review and tracing the pension, but www.free-pension-calculator.com is set to help you with the benefits from your pension scheme with their newly launched features final salary pension calculator and workplace pension calculator and both of these features are free of cost for all.
Final salary pension normally offers an income after the retirement and is based on the proportion of final salary i.e. the benefits you get from the scheme. If you want to know what benefits, your final salary pension scheme will offer you or want to ensure if your pension provider will pay the CETV amount if you decide to move out of the pension scheme, final salary pension calculator is set to help you.
In UK, workings are automatically enrolled into a pension schemes and makes savings easy for the employees while employers get the tax relief. In workplace pension scheme, both the employer and the employee need to contribute. If you are unsure about the value of your workplace pension, you can use the workplace pension calculator.
To use final salary pension calculator and workplace pension calculator, all you need to do is fill out the form on the website of free-pension-calculator.com and they will do the review and calculate the value of your current pension scheme for you.
If you think that you were mis-sold your pension, missoldpension.org.uk can help you claim it back. Visit their website www.missoldpension.org.uk and fill your name and contact details and the team will let you know if you are eligible for a claim.
There can be many reasons where you feel you were mis-sold your pension and want to claim it back, some of these reasons can be:
- Health issues:
The advisor did not take into account your health and medical issues.
- Incomplete information:
You were not provided with the enough information to take the informal decision.
- Given a wrong pension scheme:
Company advised you take a personal pension scheme when they would have offered you a better pension scheme or you feel you were mis-sold Serp.
- Did not get opportunity to shop for deal: You were not given an opportunity to shop for the best deal.
State Earnings Related Pension Scheme (SERPS) or additional state pension operated via UK government from 1978 to 2002.
If any of these reasons are that you feel you were mis-sold pension or Serp, you can claim it back with the help of missoldpension.org.uk. This service works on No win No fee’ basis, which means if the advisor or the company was unable to win your case and claim your pension back for you, you do not have to pay.