Newcastle Building Society is adding pension planning to its portfolio.
John Wilson has been appointed as retirement planning manager and will head up the new pensions department of the Society’s subsidiary company, Newcastle Financial Services Ltd.
In his new role, Wilson will advise on new and existing pension schemes. The service will be aimed at customers looking to retire in the near future who require details of the options available to them, as well as those requiring a review of their existing retirement plans. He will work across all branches and, ultimately, grow and develop the pensions department to include more qualified staff.
Wilson spent 12 years as an IFA for a number of medium-sized firms. Prior to joining Newcastle, he was a senior pensions consultant and also spent 15 years at Scottish Widows.
Bob Mottershead, retail sales executive at Newcastle Building Society, commented: “I am very pleased that, with the addition of pensions, we can now offer the full range of retirement planning advice, which also includes savings and investments, Wills, equity release, inheritance tax planning and funeral planning.
“I am very happy to welcome John to Newcastle Building Society. He has a high level of experience and expertise to offer professional advice on all pensions products, which we feel will benefit our clients both now and in the future.”
Wilson said: “I chose to join Newcastle Building Society because I see it as a large and growing organisation, as well as a mutual, which greatly appeals to me.
“I believe there is a lack of consumer confidence and advice on pensions, which needs to change. People don’t really know where to turn and many don’t review their pensions on a regular basis. In addition, most people are not aware of the options open to them at the time leading up to their retirement. I believe the addition of pension advice to Newcastle’s portfolio is a positive step to providing trusted advice to address this.”
Filed under: Financial
