An awarding winning and
low cost package for you
The Essentials Service is a pension advice proposition supported by Royal London's award-winning Governed Portfolios and Vitality’s Risk Optimiser range. As a whole of market firm, we regularly review our preferred providers to ensure they remain suitable for our clients.
Have you been meaning to sort out your pensions?
Do they need explaining?
Not sure how they're performing?
Would you like all your pension pots in one fully managed portfolio?
Our Advisers will help you plan for your future whilst developing an understanding of pension and investment matters through annual reviews, so that you can feel comfortable that your future is in safe hands.
Typically with a 2% Initial Advice Fee and a Total Ongoing Cost* from 0.90%pa, based on a portfolio size of £250,000. For smaller portfolios, see example below:
*The Total Ongoing Cost includes the recommended provider’s fees and The Pension Drawdown Company's ongoing advice fee.
No other fees apply.
No hidden costs, Nothing else to pay
An award winning proposition for less.
Some providers may have additional charges for withdrawals, switching funds, sending statements or early exit penalties. We don't!
Upon contacting The Pension Drawdown Company for advice we will look at the whole of the market in line with your personal circumstances and needs in order to recommend a service package and final plan that is right for you. In some cases this may mean that “Essentials” with Royal London or Vitality is right for you, in others “Bespoke” may be more appropriate.
Please note that if you wish to take advantage of this low-cost Essentials service then the provider could be Royal London or Vitality.
The Pension Drawdown Company holds the coveted Chartered Financial Planner status
Low cost, high quality personal pension plan from 0.75% ongoing total charge
An award winning provider with a proven track record
Financial strength of being invested with the largest mutual life and pensions company in the UK
Fully flexible with income options for policy holders and death benefit options for their dependants
Release the tax free element of your pension
Governed range of funds that offers an investment that is portfolio managed, regularly reviewed and clearly matched to your attitude to risk
A personalised suitability report will be provided giving you advice tailored to your specific circumstances
So if you would like to find out more or review your own position
please contact us by email or call us on
Mr A, age 63, took retirement in December 2015 and wanted to develop a financial plan which made it easy for him to manage his affairs. He had changed jobs a few times over his career which resulted in him having a number of different pension pots left in different money purchase occupational pension schemes totalling £160,000.
Mr A had little experience of investments and had also been saving for his retirement by contributing into a Cash ISA accumulating £44,000. He had not sought out Financial Advice before and wanted to know if this money could be better used in his retirement planning.
Mr A called us to learn what his retirement and pension consolidation options were. He was pleased to learn that he could consolidate all of his pensions into one award winning and easy to manage Pension Drawdown, through which he could flexibly draw his income in a manner that suited his retirement plans.
From speaking to us Mr A also learned we could transfer his Cash ISA into a Stock and Shares ISA and manage it alongside his Pension Drawdown.
Mr A has remained a client of The Pension Drawdown since and has been pleased with the performance of his "Essentials" Royal London Pension Drawdown. As a self proclaimed novice investor, Mr A felt secure knowing he had established a relationship with a team of advisers who are there to help him through his retirement.