Pension Wise

DT2001

I tried Pension Wise however I wanted to know about a GMP element of a pension and they couldn’t help as it was outside of their scope. TPAS were able to give guidance. They have an online webchat system so maybe ask them.

Pension_Geek

You might find that its advice that you really need, and if it involves the LTA (and presumably you breaching it), then paying someone who is qualified to do it might end up saving you a lot of money in the long run.

lexington013

OldMusicGuy wrote: »

Pensionwise was excellent in my case. A 65 year-old plus retired IFA was what I got. Didn't really learn anything I didn't already know but it was useful to go through everything with someone that knew what they were talking about to confirm my understanding. Be aware of course they do not give you advice.

Exactly my experience too. Really didn't learn anything more than what this forum has given me. TBF I should have realised it's pretty low level to help those with little or no understanding of the options available.

Robert_McGeddon

green.lander wrote: »

Hello , i had a appointment last month and was really surprised on the in-depth knowledge they have , they do follow a script and can only provide guidance . The first half is fact finding and you may come away knowing something new so worth 1 hour of time.

I empathise with this post.My session was very much script-driven too, with the emphasis on options for utilising a DC pot. A couple of my more esoteric questions were sidestepped - so I doubt your LTA issue will be sorted.

However, having content delivered face-to-face reinforced what I'd read so definitely worth an hour of my time.

thriftytracey

I had a telephone chat with one about a year ago. He was a retired IFA and very knowledgeable. He wasn't using a script and I just had some questions. I learned a couple of things and it was useful for when I started getting IFA quotes for a drawdown.

sandsy

Pensionwise only cover DC pensions. TPAS can do DB and DC.

dave_hendy

OldMusicGuy wrote: »

Pensionwise was excellent in my case. A 65 year-old plus retired IFA was what I got. Didn't really learn anything I didn't already know but it was useful to go through everything with someone that knew what they were talking about to confirm my understanding. Be aware of course they do not give you advice.

I had my meeting yesterday and this sums my experience as well. Glad I did it but you don’t get any specific information, so it won’t suit everyone.

My phone meeting lasted 70 minutes and could have gone on longer, but I was aware I had gone into the next persons slot so didn’t ask all my questions. I am pleased I had done some research before hand and asked questions on this forum as it meant I didn’t waist some of the time on some really basic stuff although they do have to follow a format and tell you certain things. I was able to ask questions at any point during the meeting which helped.

luvchocolate

I had a very helpful lady who actually went over and beyond to help me, although I appreciate she really should not had told me....
"If I were you"..... but along with help on this forum I made the right choice for me.