Expert Advice on Money Purchase Schemes

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No matter how old you are, it is never too early to plan for your retirement Here at Opal Wealth Management. our friendly. knowledgeable learn of pension advisers can help save you time. money and hassle by helping you plan your retirement now. We feel that as retirement approaches, you deserve to be able to concentrate on planning how to spend your time rather than on saving your hard-earned assets.


Once you retire, without an income built to support you for the rest of your life, those bills can mount up. leading to unnecessary stress and worry. With our industry knowledge and personal approach, we work with you to build a tailored financial plan, with the aim of giving you financial security in your retirement


Many savvy savers are torn between valuable final salary pensions and investing their hard-earned cash in the financial markets, which, if not guided by those in the know, can lead to losing money.

Naturally, there is no one-size-fits-all solution. What may be the right route for one client is unlikely to be the same for the next. At Opal Wealth Management, we fully assess your individual circumstances, your needs and your preferences. Being aware of your current situation helps us to help you work towards more profitable outcomes in a way that is right for you.    

A Pension is a Long term investment, the fund value may fluctuate and can go down.
Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax Legislation.

The Financial Conduct Authority does not regulate occupational pensions.

Planning effectively for your future

1) Range of options
It’s important to select a pension scheme that’s right for you. Gain better understanding of what your employer is offering, and what other options are available.

2) Your money, your way
Draw benefits from the scheme in the way that suits you. Receive it as an income in retirement, or as a tax-free cash lump sum, plus a lesser income.

3) Get the right from your pension
We’ll talk you through the different pensions, and help you to identify which is right for you, based on your unique requirements.

Greater security for your retirement

Many employers have now closed their defined benefit pension schemes. There are many other options out there – the big question is, which pension scheme will offer you the most financial benefit?

Our professional pension adviser is on hand to help. We’re based in Wolverhampton, and help clients throughout the Midlands. We’ll listen to your individual requirements, then present you with a range of pension products, designed to maximise your retirement fund over time.

What is a money purchase scheme?

Money purchase schemes are essentially defined contribution pension schemes. Your pension pot grows in accordance with the money that’s invested into it – which comes from your own payments, your employer’s contributions, and from government tax relief.

They can either be workplace schemes (i.e., your employer sets it up) or a personal scheme, like a SIPP (self-invested pension plan). Our advisor will explain the different options to you; detailing how and when you can make contributions, and when you can access your funds.

It’s our goal to ensure your retirement is as financially comfortable as possible, without putting your money at undue risk. That’s why we always assess your attitude to risk at the start, in order to provide you with tailored advice.

Making retirements brighter

There are many different types of pension schemes, and the level of choice can be bewildering. Our advice is designed to provide you with all the information you require to make the right decision.

We’ll take the time to learn more about your plans for the future, how you perceive risk, and what level of financial commitment you’re willing to take on. Then, we’ll present you with a comprehensive range of options that are suitable for your needs.

Our team have extensive experience in wealth management, and excel in providing tailored financial advice when you need it most. We’re appointed representatives of of Quilter Wealth Limited and Quilter Mortgage Planning Limited, regulated by the Financial Conduct Authority, and have a proven track-record of delivering results.

Whenever you want to find out how your pension is performing, just get in touch. We’re always happy to answer your questions.


How is my money invested?

With a money purchase scheme, you’re likely to have some say in how your money is invested. We’re happy to go through this with you

What money purchase schemes are available?

There are several money purchase schemes to choose from. Your employer might offer a COMPS or CIMPS, for example (contracted-out / contracted-in money purchase scheme).
You could also select a personal scheme, such as a GSIPP (group self-invested pension plan) or SIPP (self-invested pension plan). We’ll explain each option, then identify which is right for you.

How much retirement money will I generate from the scheme?

The amount you’ll make depends on factors such as; how much you pay into it, the length of time the money has been invested, the growth of the investments, and any charges that are deducted over the years.

When you meet with our adviser, we’ll show what you might generate in your pension pot over time, illustrating both the best- and worst-case scenarios.

Can I keep track of my pension pot?

You’ll be sent regular updates on how well your pension is performing. We’re also happy to provide details whenever you need them.

Start the process today

To get the most from your money, it’s worthwhile having a financial expert to assist you. Our Wolverhampton-based pension adviser is here to support your financial security, and help your funds to grow over time.

Get in touch with our pension team today.

Contact our pensions adviser for further information and advice on pension and retirement planning

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