Access Pensions unveils financial planning services for customers

Access Pensions has said it will be offering its customers personalized financial planning to ensure they transition to a comfortable retirement.

The Managing Director of Access Pensions, Dave Uduanu, revealed that the financial future of its customers is a priority and that with its in-house expertise, its customers could get that additional service.

He made the revelation over the weekend at the ‘Evening with Access Pensions’ an interactive session with some of its high-net-worth individual clients in Abuja.

Uduanu said, “Many individuals enter retirement without proper preparation. It is crucial to start planning for retirement as early as possible, ideally beginning to consider post-retirement plans around the age of 40. Neglecting to assess your cash flow, lifestyle, and expected post-retirement expenses can lead to challenges in sustaining yourself during retirement.

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“When discussing retirement and pension, it is essential to address three critical concerns before retiring: housing, children’s education, and healthcare. While healthcare falls outside the purview of our industry, it remains a crucial aspect to consider in retirement planning.”

Uduanu added that the personalised financial service is to ensure that customers’ retirement funds served their intended purpose; that their pensions are not depleted by rent, school fees, or healthcare expenses.

He added that housing needs can be addressed through their RSA mortgage equity support, while comprehensive financial planning tackles education concerns.

As part of the Access corporation ecosystem, clients can access a diverse range of services, including partnerships with other institutions such as Coronation Insurance Trustees which extends beyond pensions, encompassing their overall financial well-being.