Panic Over Pensions

Mr J was referred by an existing client to Peter due to his concerns over his pension funds falling significantly during the pandemic. He had several pension pots and was unsure what he should do.

Peter met Mr J a number of times to understand his retirement objectives and establish a level of risk that would be suitable for the longer term, and produced a cashflow projection to help him understand what planning was needed and what he may achieve.

A year later Peter met Mr J again to review his planning.  Despite financial markets having risen and fallen several times over the year Mr J was much more at ease during the meeting, as he knew he had a strategy and someone to help him achieve it.

At the last meeting, when asked how he now felt about his pending retirement, Mr J told Peter that he was now ‘relaxed’ and ‘confident’, something he hadn’t felt in many years.