Curtis Stowers, CFP®’s Post

So you're faced with a choice: take the money now or wait for your pension to kick in. What do you do? #financialplanning #financialplanner #RetirementPlanning #PersonalFinance https://lnkd.in/eMyeju9E

So you're faced with a choice: take the money now or wait for your pension to kick in. What do you do? #financialplanning #financialplanner #RetirementPlanning #PersonalFinance https://lnkd.in/eCyCBGc4

Pension savers dubbed “triple defaulters” could be overlooking small changes to their pension that may make their long-term finances more secure. Have you reviewed these three important pension decisions recently? https://lnkd.in/e45k3Rrs

Pension savers dubbed “triple defaulters” could be overlooking small changes to their pension that may make their long-term finances more secure. Have you reviewed these three important pension decisions recently? https://lnkd.in/e2AjxBvA

Pension savers dubbed “triple defaulters” could be overlooking small changes to their pension that may make their long-term finances more secure. Have you reviewed these three important pension decisions recently? https://lnkd.in/e3uwnEMB

Case Study: How We Helped Mr Squires Win His Pension Mis-selling Claim   Meet Mr Squires. He is an ex-mineworker who fell victim to pension mis-selling. Here's how Money and Me Solicitors helped him secure the compensation he deserved:   The Situation: In 1991, Mr Squires acted on what has now been proven to be unsuitable advice and transferred his Miners Pension Scheme (MPS) into a Personal Pension arrangement with Canada Life. The amount transferred was £2,367.86. Our Approach: Having been concerned that the advice was not in his best interests, Mr Squires appointed Money and Me Claims (MMC) to investigate his situation on 20th January 2020. MMC then compiled the necessary documentary evidence from all the relevant third parties to build the legal argument and repeatedly liaised with Canada Life until a decision was made.   The Outcome: On 24th November 2021, Canada Life confirmed they had accepted liability for Mr Squires’ losses. Despite only a relatively small amount being transferred from the MPS, it was confirmed that the compensation required to put Mr Squires in the financial position he would have been in, had he not transferred his MPS, would be £66,675.66. Mr Squires had no idea that he had been mis-sold a pension, and his case, like many thousands of others, highlights the importance of seeking professional advice.   At Money and Me Solicitors, we believe in helping victims of pension mis-selling to get the compensation they deserve and to which they are entitled. We also believe there are hundreds of thousands of Mr Squires out there, blissfully ignorant of the losses they have suffered.   So, if you’ve transferred your Defined Benefit/Final Salary pension, or believe you’ve been a victim of pension mis-selling, or even if this case study has caused you to reconsider, click the link below to fill in the eligibility form, or contact us on 01925 859625. Money and Me Solicitors can investigate the circumstances behind your transfer, and if we believe you have a case, we can help you to pursue it. We have won compensation for our clients in 99%+ of the cases we have pursued and the average award is almost £80,000.  Money and Me Solicitors Limited are authorised and regulated by the Solicitors Regulation Authority under Authorisation number: 670274     https://lnkd.in/eCjhNEjk

It’s very easy to forget about your pension after it's set up, safe in the knowledge that your pension pot is growing every month and year. But this could mean you miss out on opportunities to increase your income later in life. Let's take a look at five reasons it's important to review your pension regularly - https://lnkd.in/eAewhrdM 

Are you thinking of accessing your pension? Ask yourself these three important questions first: 1. Do you have other savings you could use for income first? 2. How important is it to you to have a guaranteed level of income? 3. What could the tax implications be of taking an income from your pension? We understand that as well as being an exciting time, transitioning into retirement can also be challenging and confusing. Speak to us or read our blog, linked below, to find out more. 👇 https://lnkd.in/dX7XFieV

Are you thinking of accessing your pension? Ask yourself these three important questions first: 1. Do you have other savings you could use for income first? 2. How important is it to you to have a guaranteed level of income? 3. What could the tax implications be of taking an income from your pension? We understand that as well as being an exciting time, transitioning into retirement can also be challenging and confusing. Speak to us or read our blog, linked below, to find out more. 👇 https://lnkd.in/dPFwjQds

Kiplinger recently shared this article, “Should You Take Your Pension as a Lump Sum? Are you getting ready to retire and deciding what to do with your pension? Making the wrong decision can be costly, especially considering that, most likely, you won’t be able to change it. Plus, the impact of these decisions is usually 20 years or longer. Many of our clients nowadays are taking the lump sum option. Let's talk you through the pros and cons of doing so to see what can make the most sense for you.” Learn more here: https://lnkd.in/grJSgWq5