Retirement & Pension Planning
With average life expectancy increasing, people are spending more time in retirement than ever before. The new State Pension is a variable amount dependent on your National Insurance record, your age and contribution levels. This may be sufficient to meet your retirement needs, but in many instances this may be significantly lower than that needed to maintain your standard of living in retirement and you may want to think about a second pension to supplement this.
Early and effective pension planning is therefore essential in order to secure a comfortable retirement. Our specialist advisers will consider all of the pension options available to you and help you select the most appropriate solution for your needs, including:
- Personal Pensions
- Stakeholder pensions
- Self-invested personal pensions (SIPPs)
- Review existing arrangements to ensure that they continue to offer good value, the widest choice of growth options and are well placed to take advantage of the pension freedom now available.
How we work
Our adviser will work with you to determine your retirement income requirements and examine how well your current pension arrangements are working towards these objectives. Potentially our model portfolio approach allows us to improve your retirement provisions by ensuring that your monies are invested in the most appropriate funds to maximise your opportunity for growth, and protect you from downturns in the market by having a diversified portfolio.
If you don’t currently have any pension arrangements, we can recommend the most suitable scheme to meet your needs and ensure that your contributions are made in the most tax-efficient way.
