Skip to main content

The Simply Retirement Service Proposition

We have different levels of service, depending on your requirements which carry different costs.

We specialise in providing Retirement Solutions and our adviser is a Pension Specialist with the appropriate qualifications. However, there are many other areas of Financial Planning that we can assist you with.

Non – Advised Sales (for Annuity and Drawdown)

This is an information only service designed to keep the entry costs to these retirement solutions to a minimum. For an annuity we research the whole market and provide information about the top provider. For Drawdown we will provide you with information about a number of different providers and their costs so that you can make your own decision. We will assist you with guidance in respect of selecting a suitable investment. You may also make use of our ongoing review service which is important for any investment.

You are not receiving advice about the suitability of these solutions but a full service is available on request, at an additional cost.

Full Advice Service

We will assess your circumstances and objectives and provide a recommendation or solution. Our advice is restricted in terms of the product, providers and investment solutions that we will provide.  This means that we can keep our ‘advised’ costs to a minimum because we are working within parameters that we are familiar with and believe are appropriate for the majority of clients that we deal with.

Our rationale is that we do not need to demonstrate and maintain our expertise and competence in product areas that we have never advised and are unlikely to do so for the majority of our clients. These include high risk and specialist products such as Unregulated Collective Investments, Venture Capital Trusts and Enterprise Investment Schemes that we do not believe are suitable for the ‘typical’ retail investor. This has the benefit of keeping down our costs of our proposition.

    Maximise your pension!

    Complete this form to find the best annuity rates from the whole market

    Any information you submit to us adheres to our privacy policy.


    Why take Drawdown advice?

    The Financial Conduct Authority (FCA) produced a report called the Retirement Outcomes Review (MS16/1.3) in June 2018 which commented on how benefits were being taken since the Pension Freedom and Choice legislation was introduced in April 2015.

    Final Salary Pension Schemes

    This will effect you if you have a deferred Final Salary Pension plan or Defined Benefit Pension. If you are a deferred member, i.e., you have left your employer but the pension is not due for payment until your normal retirement date (65?), your right to a Cash Equivalent Transfer Value (CETV) may be affected.

    Budget 2014 – The key changes for annuities

    Using a Fixed Term Annuity or Drawdown will allow you to access 25% of your fund as a tax free lump sum and leaves the remainder of your benefits to be accessed under the further changes proposed from 2015. Therefore, in the interim, this leaves the door open for your options.