Pareto launches Pensionhelp venture
THE bosses of financial advice company Pareto have launched a new pensions service to help consumers review final salary pensions.
Manchester-based Pensionhelp, which has been launched by John Stevenson, owner of Pareto Financial Planning and managing director Mark Wilson, specialises in providing advice on using new pension freedoms to review the value of final salary pensions and also give specialist pension advice in other areas.
The company, based in St John Street, has already acquired two high profile contracts for the provision of advice to staff of a large public sector employer and to financial advisers of national advisory firm Group Pl.
Mark Wilson said: “Pensionhelp is a one-of-a-kind advisory service. Many financial planners shy away from giving advice on final salary pensions, due to the expertise required to navigate this regulation-fraught area. However, our team of experts has the know-how to provide bespoke advice that adds real value, without falling foul of regulatory pitfalls.
“Pensionhelp’s unique proposition has seen immediate demand and we’ve also negotiated referrer agreements with more than 500 IFAs, who are more than happy to refer clients to us for expert pension advice and another source of income for themselves.”
The Pareto team has recruited five staff in the last few weeks for Pensionhelp. Mark Barker and Kate Greely be joining as paraplanners, Annie Jeffries as adviser support, Terry Mullender as a pensions adviser and Kerry Wilson will be acting as operations manager.
