Financial advice at no cost to you
The Company has appointed an independent financial adviser to give you up to two paid-for sessions of impartial financial advice on your retirement options.
The Company has appointed an independent financial adviser to give you up to two paid-for sessions of impartial financial advice on your retirement options.
If you’re interested in transferring out of the Fund and the value of your Retirement Account is £30,000 or more, you are legally required to take independent financial advice before any transfer can go ahead.
To help you explore your options and meet this requirement if you do decide to transfer out, the Company has appointed Wren Sterling to advise you.
Wren Sterling is the firm of independent financial advisers that the Company has appointed to help you decide how to take your Fund benefits. The Company will pay for you to receive up to two sessions of advice from Wren Sterling.
Wren Sterling provides independent financial advice to thousands of people across the UK. They help their clients to make the most important financial decisions of their lives and keep them on track to achieve their financial goals. This includes investment advice, retirement planning, financial protection for clients and their family, and estate planning.
They’re trusted by some of the UK’s largest firms, including AstraZeneca, to advise their employees on pension and retirement options.
The advice they give you will be impartial, unbiased and based on your personal circumstances.
You can find out more about Wren Sterling on their website at www.wrensterling.com, or by watching the video below.
The Company will pay for you to receive up to two separate sessions of advice from Wren Sterling.
You’ll need to think carefully when to take advantage of this offer.
For example: you may choose to take advice when you are eligible to take early retirement (from age 55), and (assuming you did not retire at that point) again when you reach Normal Retirement Age.
Once you have taken two sessions of advice from Wren Sterling, the Company will use its discretion to decide whether to fund another session of advice.
Where the Company decides not to fund another session, you would need to cover Wren Sterling’s costs.
Please quote your member reference number, which is at the top of your most recent statement.
Wren Sterling offers a comprehensive advice service:
The terms of the Company’s offer of paid-for financial advice from Wren Sterling are subject to change and will be kept under regular review.
To be eligible for paid-for advice from Wren Sterling, you must:
Wren Sterling is not authorised to give advice if you live overseas. If this applies to you, you will need to find, and pay for, a suitable independent financial adviser in your country of residence.
If you prefer, you can take advice from your own choice of independent financial adviser. However, you will need to pay your chosen adviser’s costs. The Company will only pay for you to receive advice from Wren Sterling.
See the Help page for organisations that can help you find an adviser.
You should now have an understanding of your options and how the retirement process works.
If you have a query, try the questions and answers page or contact the Pensions Team.
You can also find documents, links to useful websites, and other useful information under More information.