The UK ranks lowest for state pension amongst advanced nations, says OECD

A new report has found that the UK’s State Pension is the least generous of all the most advanced economies in the world.

Research by the Organisation of Economic Co-operation and Development (OECD) has found that full-time workers in the UK do relatively poorly, with the average pensioner expected to receive just 29 per cent of what they earned at work from their state pension – far lower than countries such as France and Germany.

When voluntary private pensions are also included, the average UK pensioner receives 62 per cent of his or her working income, which remains lower than the OECD average of 69 per cent.

In today’s complicated marketplace, professional and impartial advice is paramount when it comes to finding the best solutions to meet your clients’ financial needs.

MT Financial Management is a firm of Chartered Financial Planners that provides independent and unbiased financial planning, investment portfolio management, pension review and trust review services to the clients of Moore Thompson Chartered Accountants and selected professional introducers.

We offer an initial meeting at our cost and with no obligation so that your clients can decide whether they wish to use our services before incurring any costs.

We will agree a fixed fee to provide a review of your clients’ current financial situation so that our experienced and independent financial advisors can determine whether their financial arrangements are appropriate, and recommend areas that need improvement. Of course, our proposals will be comprehensively explained, so your clients can make informed decisions about any suggested changes.

All of our advisors are qualified to Chartered Financial Planner status, providing their high levels of technical knowledge and experience on a fixed cost basis.

As our fees are agreed in advance, we are not tied to promoting particular solutions and can focus on providing the best professional advice.

To find out more about our services, please contact Trevor Wilshire on 01775 717220 or visit www.mtfinman.co.uk

Posted in ARA News.