Retirement Planning

Pre-Retirement

Expert retirement planning advice is invaluable for those who wish to ensure that they can live comfortably in their later years. The pre-retirement phase is the time to consider whether you are saving enough to provide you and your dependants with enough income to maintain your lifestyle. We will help you review your existing pension provision and, if appropriate, direct you towards more tailored pension products.

Older pension contracts may not have the flexibility to enable you to take advantage of the new pension freedoms - or you may have several pension pots spread around in different places and would like the option of consolidating them into a single policy . We can provide a thorough review of your pension arrangements and recommend the most suitable strategy for your personal circumstances.

 

Post Retirement

As a nation we are living longer and longer, which represents a real challenge in retirement because it is essential that our pensions live as long as we do. The pension landscape has changed drastically over the last decade and the introduction of the new pension freedoms in 2015 has meant there are more choices than ever on how to access our pension benefits. This increased flexibility has magnified the need to obtain expert advice to ensure the choices you make now are the right ones.

We can provide a thorough review of your circumstances and pension arrangements and provide advice on things to consider, such as;

• If or when to purchase an annuity (a guaranteed level of income for the rest of your life)
• Whether to take a tax-free lump sum (and how much to take)
• Whether to leave your pension assets invested and draw an income from them (income drawdown)
• How your retirement fund fits in with other savings and sources of income.

A pension is a long term investment. The fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax
legislation