Clergy financial advice

EFAS advisers are qualified to provide advice on all types of pensions and retirement contracts and recommend solutions from across the whole of the market. We can help you make additional savings during your working life and help you understand and navigate the options available as you make the transition into retirement. Helping you make the right decisions and recommending suitable solutions to meet your needs is at the core of our advice service.

Some of the common areas of advice that we deal with when looking at clergy pension and retirement planning options are as follows:

• Making the most of additional voluntary contributions through employer-provided schemes
• Consolidating pension plans from several providers to one
• Suggesting other ways to achieve your retirement plans
• Advice on your retirement options from the Church of England schemes
• The most suitable way to access benefits from any pension schemes you might have to help meet your retirement needs.

As retirement planning can be complex, we review our client’s position in detail to ensure that all recommendations are appropriate in meeting any needs that you may have.

EFAS can advise our clients on a wide range of investment options, but a lot of our clients request that their money be invested ethically. Ethical and socially responsible investment means investing in line with ethical principles and/or following a number of environmental and social governance factors and using these to filter the selection of investment options.

We can help investors at any stage to meet their ethical investing needs, and our advisors can talk you through a number of options depending on your savings targets and lifestyle. Some of the common areas we help clients with are:

• Explaining the types of investments available, such as cash, equities, bonds, and property
• Seeking profitable returns
• Working out how to make the most of tax-efficient investments.

It is important that our advisors work out the level of investment risk you are comfortable with and discuss your capacity for loss (how much you can afford to lose) when making our recommendations.

Please remember that investments can fall as well as rise in value, and you may not get back the amount originally invested. Your capital is at risk when you make investments, but our advisors can talk you through this and answer any questions that you may have.