IFA launches 'pensions predictor' to give insight on charges

Carmen Reichman
clock •

A fully digital independent advisory business has launched a 'pensions predictor' tool to provide clarity over the impact of pension charges.

Warwickshire-based IFA Wake up your Wealth, an appointed representative of TWP Wealth, launched a digital tool for pensions savers to be able to evaluate the impact of higher cost pensions on their retirement income. The firm said the tool shows that a pension charging as little as 1.5% a year can reduce a retirement income by thousands of pounds compared with a low cost pension charging about 0.5%. Wake up your Wealth founder and executive director Andrew Firth said: "Although pension calculators are far from new, our new pensions predictor is easier to use and more importantly clear...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers urged to rethink role of traditional diversification

Advisers urged to rethink role of traditional diversification

Milliman publishes whitepaper

Sophia Panayi
clock 29 September 2026 • 2 min read

Active ETFs, ESG and the retirement advice challenge

Sarasin & Partners portfolio manager Ben Gilbert joins PA in the studio

Isabel Baxter
clock 05 June 2026 • 1 min read
Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read