Pensions and Retirement Planning

Retirement planning is one of our core services. You might be retired for the length of your working life, or even longer, and it is therefore imperative that these years are planned out as much as possible in advance.

Pensions and Retirement Planning

Retirement planning is one of our core services. You might be retired for the length of your working life, or even longer, and it is therefore imperative that these years are planned out as much as possible in advance.

Mapping out your retirement should start as soon as you can, and should be reviewed regularly to make sure your income from all sources in retirement matches your needs. A pension is simply a tax efficient way of building up a lump sum, which can then be used as a means of providing you with a regular income for life upon retirement.

As you go through the various life stages, your attitude to risk will evolve and as you near retirement you need to protect whatever you have managed to accumulate. Regulation changes all the time and you need to make sure you take advantage of every opportunity to maximise the returns on your retirement funds.

Pension plans are now much more flexible than in the past and individuals can benefit from far greater control through these changes. Whilst on face value the less rigid regime of accumulating and accessing accumulated benefits is welcome, the breath of choice now available brings into play a new set of issues to consider in the knowledge that there is no one size fits all solution.

For most people, a pension arrangement such as a personal pension plan or an occupational pension scheme provided by an employer will be the way to achieve their retirement goals. If you already have pensions in place, you should take the opportunity to have a closer look at your existing arrangements to make sure you are on track.

We analyse pension plans in terms of investment performance, flexibility of contract design, fund choice, administration changes, providers’ financial strength and pedigree ensuring you have the most suitable contract available. We can assist you to consider fully the most appropriate level of contributions that you should be making to provide for a secure retirement, and our ongoing servicing philosophy means you are continually kept up to date of any developments in the pensions market and how your pensions are performing.

Before we can make any recommendation regarding retirement planning, we would require to conduct and interview and analysis relating to your specific circumstances and objectives.