Sales /introduction letter
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Writer, Copy editor, proofreader, translator, tutor (TEFL, German, academic writing), researcher
Edinburgh
4576439094582115021405089928313121441502
Description
Experience Level: Intermediate
We are small family business based in Northampton, for the last few years we have contacted the local community via cold call, this is now becoming harder and in the near future may not be possible due to new legislation. We would like to write a letter which we will hand deliver to our database with the view to get them to complete the contact details card provided and return to us in the pre- paid envelope.
Eden Wealth Planning specialise in providing free of charge no obligation pension reviews using an FCA Regulated IFA. All the products that we have for the clients to transfer to are also fully FCA regulated products. Our biggest problem is that there are many companies who offer the same service but provide un regulated advise and un regulated products such as overseas property. It has been in the news frequently that many of these are scams and people should not work with companies offering these types of reviews.
Many people have held their pensions and do not know how much they have, whether it is performing well, whether the charges are eating away at their profits but more importantly whether they have an old or a new style pension. 2015 saw many changes to pensions, pensions pre 2015 often mean that clients are forced to purchase an annuity, with an annuity the returns are very low at around 5% per annum of the pot size and upon their death their partner/children will often not benefit as the insurance companies only make payment to the pension holder until death. Clients can opt for a joint annuity but this brings the returns down further, in many cases the policy holder will get around 3% with the partner getting around 2% PA upon spouses death. 15 years ago the annuity rates were 15% so taking a joint annuity was practical, with the annuity rates at 5% currently people cannot afford to take this option. With old style pensions if you take your 25% tax free lump sum you also have to start drawing your pension immediately for many people this is restrictive as they may want their 25% at 55 but don’t want to retire until maybe 60 or 65. If clients are forced to take their pension after taking their 25% TFLS and are still in work then they will be taxed on this as income.
I hope this is enough information but will be available on the numbers below if you need further information
Regards,
Philip Dow
Eden Wealth Planning specialise in providing free of charge no obligation pension reviews using an FCA Regulated IFA. All the products that we have for the clients to transfer to are also fully FCA regulated products. Our biggest problem is that there are many companies who offer the same service but provide un regulated advise and un regulated products such as overseas property. It has been in the news frequently that many of these are scams and people should not work with companies offering these types of reviews.
Many people have held their pensions and do not know how much they have, whether it is performing well, whether the charges are eating away at their profits but more importantly whether they have an old or a new style pension. 2015 saw many changes to pensions, pensions pre 2015 often mean that clients are forced to purchase an annuity, with an annuity the returns are very low at around 5% per annum of the pot size and upon their death their partner/children will often not benefit as the insurance companies only make payment to the pension holder until death. Clients can opt for a joint annuity but this brings the returns down further, in many cases the policy holder will get around 3% with the partner getting around 2% PA upon spouses death. 15 years ago the annuity rates were 15% so taking a joint annuity was practical, with the annuity rates at 5% currently people cannot afford to take this option. With old style pensions if you take your 25% tax free lump sum you also have to start drawing your pension immediately for many people this is restrictive as they may want their 25% at 55 but don’t want to retire until maybe 60 or 65. If clients are forced to take their pension after taking their 25% TFLS and are still in work then they will be taxed on this as income.
I hope this is enough information but will be available on the numbers below if you need further information
Regards,
Philip Dow
Philip D.
100% (10)Projects Completed
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Hi Philip, it's usually at this time or early next year when the fund and annuity performance charts are published which offers a good reason to prompt people to switch funds and providers.
I've read the stat analysis above and am wonderting how many pages or words you see the final docunent letter being?
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