How Safe Is Your Pension?
Early on this late September morning, professionals from the Essex area gathered at the Ivy Hill Hotel in Margaretting, Chelmsford for quality networking, coffee, hot bacon rolls and fresh Danish pastries. But breakfast wasn’t the only thing they were sinking their teeth into…
Our second and final Professional Briefing of the year heard our very own Paul Spires thoughts on Pension safety. A topic you may have seen explored in July 2016 on BBC’s Panorama and Channel 4’s Dispatches.
Within the briefing Paul discussed Pension Scandals, the (un)surprising deficit of Final Salary Pension Schemes and also the risks to transferring without seeking appropriate advice. Highlighted specifically is the expectation to pay a fee for this advice.
The feedback has been fantastic and Paul has been highly praised for his delivery of the vast and intricate subject.
There is however, no denying the change of atmosphere in the room leading to the Business Card Prize Draw. Understandably so. Tensions were high as Paul reached to pick a card and as the name was announced, an eager fist punched the air…
Congratulations to Steve Ackroyd of Metro Bank as the winner of not only a bottle of bubbly but also Sound’s very own coasters – you lucky thing!
We urge anyone to contact us with any questions, concerns, or suggestions of topics for future briefings if you feel there are shadows surrounding areas of the Financial Planning world.
Finally, once again to those who joined us this morning and we look forward to seeing you at our next briefing (February 2017).