Have you accumulated a number of different pension plans?
Consolidation of your retirement funds could bring benefits
Most people, during their career, accumulate a number of different pension plans. Yet maintaining separate plans can be inappropriate and complicated and lead to lost investment opportunities, exposure to undue risk, higher costs, and more.
Talk to us about how we could potentially help you avoid these problems, if appropriate to your situation, by working with you to consolidate your retirement funds into one wrapper. As part of our approach, we will:
- Help you review your existing pension plans
- Identify and fill any funding gaps
- Define the right asset mix for you
- Develop the investment solution and retirement strategy that best suits your needs
In addition, we can ensure that your overall asset allocation is consistent with your goals. With many plans to maintain, it can be difficult to assess whether you have the right asset mix, or if your investments are too cautious or too risky.
We will also ensure that you are clear about whether your level of contributions and overall retirement funds are appropriate. It is important to insure that you’ll have enough to meet your goals, but not so much that you’re exposed to a tax liability.
For more information or to discuss anything in this article feel free to contact Doug McLean via email or phone.
