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The PenLife process
Without the right care and consideration, financial planning can leave you feeling overwhelmed. That’s why we created a straightforward, four-step approach to remove any uncertainty and help you make the most sensible decisions.
Initial consultation
The most important part of the process is the first meeting. This gives you the opportunity to meet us and ask any initial questions you may have. It also gives us the chance to learn more about you, including your life goals and financial aims and concerns.
At the end of this meeting, you’ll be more aware of your options, how we might be able to help you, and what the next steps could be.
Full financial review
Sometimes, this will follow on directly from the initial discussion. In other cases, it’ll be a separate meeting. We’ll gather all your personal and financial details to help us understand your present position.
If existing plans are in place, we’ll write to the relevant companies to ensure we have the information required to confirm your options, make our suggestions, and formulate a plan.
Ongoing service
If you decide to proceed with our recommendations, we’ll deal with any applications and transfers on your behalf, so you don’t have to worry about a thing. Going forward, we’ll get together at your convenience for annual reviews, giving you the opportunity to let us know of any changes, or planned changes to your personal circumstances. We’ll also review your plans to ensure they still meet your needs and are on track.
Presentation and recommendation
Once we’ve gathered everything we need and reviewed your overall circumstances, we’ll invite you back for a further meeting. Here, we can talk you through your current arrangements, put forward recommendations we have, and explain how they fit into your plans. You’ll be provided with a report detailing our recommendations in full.
1. Initial consultation
The most important part of the process is the first meeting. This gives you the opportunity to meet us and ask any initial questions you may have. It also gives us the chance to learn more about you, including your life goals and financial aims and concerns.
At the end of this meeting, you’ll be more aware of your options, how we might be able to help you, and what the next steps could be.
2. Full financial review
Sometimes, this will follow on directly from the initial discussion. In other cases, it’ll be a separate meeting. We’ll gather all your personal and financial details to help us understand your present position.
If existing plans are in place, we’ll write to the relevant companies to ensure we have the information required to confirm your options, make our suggestions, and formulate a plan.
4. Ongoing service
If you decide to proceed with our recommendations, we’ll deal with any applications and transfers on your behalf, so you don’t have to worry about a thing. Going forward, we’ll get together at your convenience for annual reviews, giving you the opportunity to let us know of any changes, or planned changes to your personal circumstances. We’ll also review your plans to ensure they still meet your needs and are on track.
3. Presentation and recommendation
Once we’ve gathered everything we need and reviewed your overall circumstances, we’ll invite you back for a further meeting. Here, we can talk you through your current arrangements, put forward recommendations we have, and explain how they fit into your plans. You’ll be provided with a report detailing our recommendations in full.
What clients say
Since 1984, we’ve been delighting clients with our honest, empathetic approach to financial planning. But don’t just take our word for it. Here, you’ll find feedback and comments from PenLife clients in their own words. See for yourself what they say about their experience with us.
98.290%
of clients were satisfied that we understood their needs, aims, and objectives
94.440%
of clients believe that working with us has helped or will help them achieve their financial goals
92.910%
would recommend us to their friends, family, or colleagues
Refer a friend
Hundreds of people have benefited from our expert support over the years. If you’re one of them, why not spread the word? For each of the first five referrals you make, we’ll pay you £50. For every referral after that, we’ll increase it to £100. And you can refer us to as many people as you like.