Pensions

Most people recognise that it is wise to plan for their retirement. This is especially true for those who are hoping to retire before the usual State Retirement ages.

Putting aside a regular amount of money during your working life is probably the best method to ensure that you will have sufficient income during your retirement. Investing into a Pension plan has historically been the most popular method of making these regular commitments. The tax advantages offered by the UK Government provide the opportunity for your Pension Fund to grow with virtually no tax. You are also currently allowed to draw a significant amount of your pension fund as a lump sum with no tax payable.

Having successfully built up a pension fund during your working life, there will come a time when you will need to make some important decisions about how to use this fund. These decisions involve how you intend to draw your pension income to ensure the benefits best suit your needs in retirement. It is normal for people who are retiring to convert a portion of their pension fund into a tax-free lump sum with the balance used to purchase an annuity.

To Meet your Needs and Goals

By conducting a full and detailed assessment of your retirement needs we can help you structure your pension and portfolio of retirement related assets in the most appropriate way to meet your needs and goals.

Depending on your needs, goals and attitudes to risk, we work with a range of companies to provide:

• Pre and Post-Retirement Planning
• Stakeholder & Personal Pensions
• Self-Invested Personal Pensions (SIPPs)
• Unsecured Pension
• Phased retirement
• Retirement Annuities
• Open Market Option (OMO) advice
• A detailed analysis of existing Occupational Pension benefits
• Corporate Pensions advice to employers and their staff on important employee benefits such as Group Personal Pensions and Healthcare.

We can help you obtain a State Pension forecast to aid your retirement planning.