Over 50?
Do you need to talk to an Expert Financial Adviser?
As you approach retirement, it’s crucial to ensure that your pension savings and plans align with your retirement goals.
To begin your financial planning journey with DGS, you can schedule a free no-obligation consultation with one of their experienced advisers. During this initial meeting, you’ll discuss your financial goals, current assets, and any concerns you may have.
If you wanted to obtain further information following the consultation, the adviser will then be able to provide this additional service at an agreed cost and create a personalized financial plan to help you achieve your retirement objectives.
By choosing DGS Financial Advice, individuals over 50 can navigate their financial future with confidence, knowing they have a trusted partner to guide them through the complexities of financial planning in their golden years.
Why Choose DGS for Financial Advice?
Independant Chartered Financial Advisers
DGS is a team of independent chartered financial advisers dedicated to providing personalized financial advice tailored to your unique needs. With a strong reputation in the industry, DGS stands out for its commitment to excellence and customer satisfaction.
DGS meets rigorous standards of professionalism and integrity. This accreditation ensures you receive advice from highly qualified professionals who are committed to maintaining high ethical standards.
Outstanding Mortgage Advice Services
DGS has earned an impressive 4.9/5.0 star rating for their mortgage advice services. This high rating reflects the quality and reliability of their guidance, helping clients navigate the complexities of mortgage options to find the best solutions for their financial situations.
Top-Ranked Independant Financial Advisers
In 2023, DGS was ranked No. 7 among the best Independent Financial Advisers (IFAs). This prestigious ranking highlights their expertise and success in providing top-notch financial advice across various domains, including pensions, investments, and insurance.
Personalised Service
DGS takes the time to understand your individual financial goals and circumstances. They offer tailored advice that aligns with your specific needs, whether it’s planning for retirement, managing investments, or securing a mortgage.
Proven Track Record
The high ratings and top rankings demonstrate DGS’s proven track record of success and client satisfaction. Their reputation for excellence is backed by numerous positive reviews and testimonials from satisfied clients.
Meet one of the Advisers – Alex Thomas
About Me
As a Chartered Financial Planner, I collaborate with individual and business clients to create customized financial plans aimed at achieving financial freedom and independence.
While I specialize in retirement planning, I also develop comprehensive plans that address life assurance and protection needs, investment planning, estate planning, and long-term care advice.
I have worked in Financial Services in various advisory and leadership roles since 1998. During this time, I have completed the Certificate in Financial Planning and Diploma in Financial Planning, along with a specialist pension qualification that allows me to provide advice on all pension schemes, including defined benefit and occupational schemes. Additionally, I am qualified to offer Long-Term Care advice, enabling me to support clients residing in or planning to move to a care home or nursing home.
My extensive experience in client-facing roles has been instrumental in building trust with my clients. By deeply understanding their diverse needs—whether focused on retirement planning or maximizing the potential of their hard-earned money—I take great satisfaction in helping clients turn their dreams into reality.
Here are some commonly asked questions.
For more in-depth information, please consult with one of our advisers.
Review Your Current Pension Pot
How often should I review my pension statements?
It’s advisable to review your pension statements at least annually to monitor your savings and investment performance.
Why should I consolidate my pensions?
Consolidating pensions can simplify management, reduce administrative fees, and provide a clearer view of your retirement savings.
Maximize Contributions
What is the benefit of pension tax relief?
Pension contributions are tax-efficient, with the government adding 20% in tax relief for basic-rate taxpayers, and higher-rate taxpayers able to claim additional relief.
How can I maximize my employer’s contributions?
Increase your contributions to meet or exceed your employer’s matching contribution threshold, ensuring you receive the maximum benefit.
Understand Your State Pension
How can I check my state pension age and forecast?
Use the government’s state pension forecast service online to see your expected state pension amount and the age at which you can claim it.
Can I boost my state pension?
Yes, you can make voluntary National Insurance contributions to fill gaps in your record and increase your state pension entitlement.
Investment Strategy
Should my investment strategy change as retirement nears?
Yes, shifting to less risky investments while still maintaining some growth potential is advisable to preserve your pension pot as you near retirement.
Why is diversification important?
Diversification spreads risk across different assets, which can improve potential returns and reduce the impact of poor performance in any single investment.
Seek Professional Advice
How can a financial adviser help with my retirement planning?
A financial advisor can tailor a retirement strategy to your specific needs, helping you maximize your savings and investments.
What is Pension Wise?
Pension Wise is a free government service providing guidance on your pension options, helping you make informed decisions.
Understand Your Options
What is an annuity and how does it work?
An annuity provides a guaranteed income for life, which can offer financial security and stability in retirement.
What is pension drawdown?
Pension drawdown allows you to withdraw money from your pension pot while keeping the remainder invested, offering flexibility but with investment risks.
Estate Planning
Why is having an updated will important?
An updated will ensures that your assets are distributed according to your wishes and can help avoid legal complications for your beneficiaries.
How often should I review my beneficiary nominations?
Review and update your beneficiaries regularly, especially after significant life events such as marriage, divorce, or the birth of a child, to ensure your intentions are accurately reflected.
Plan for Healthcare Costs
What is long-term care insurance?
Long-term care insurance helps cover the costs of long-term care services, providing financial support if you require extended medical care.
Should I set aside savings for healthcare?
Yes, setting aside funds specifically for medical expenses not covered by insurance is prudent to ensure financial security.
Decide on Retirement Age
How do I plan my retirement date?
Determine your desired retirement age and ensure your savings are sufficient to support you from that date onwards. Adjust your savings plan if necessary.
What are flexible retirement options?
Flexible retirement options, such as phased retirement, allow you to gradually reduce working hours rather than stopping work entirely.
Consider Other Sources of Income
What other investments should I consider for retirement?
Consider ISAs, property, and savings accounts as additional sources of income to supplement your pension.
Can part-time work benefit my retirement?
Yes, part-time work or consultancy can provide additional income and keep you engaged during retirement.
Find out more
Choosing DGS means partnering with a highly reputable, independent financial adviser who will provide expert guidance tailored to your needs. Whether you are looking for mortgage advice, investment strategies, or comprehensive financial planning, DGS has the expertise and dedication to help you achieve your financial objectives. Book a free no-obligation consultation today to experience the difference that personalized, expert financial advice can make in your life.
