Pensions and Retirement Planning
Once you reach the stage where you're considering your retirement income, expert financial advice becomes even more important. Many of the choices you make at this time will affect your lifestyle so you need to make sure they're right.
Pensions can be an effective form of tax planning; based on current rules achieving tax free growth and a tax free lump sum. Dependent upon your circumstances you may be able to reduce immediate income tax bills or pass on the value to the next generation.
It's essential that you review your pension situation regularly. We can advise you on taking steps to make it more certain that your pension pot will be able to achieve the income you want when you retire.
We can guide you through key life decisions and advise you on tax-efficiency, making certain that you're saving enough into your pension enabling you to enjoy the retirement you deserve.
Options are varied and can be tailored to your circumstances.
Advice on taking benefits from pension schemes
We are experienced in providing advice on the many options available when taking benefits from pension schemes, including:
- Pension Fund Withdrawal (Flexi-access Drawdown)
- Phased Retirement
- Pension Lump Sum Investment/Portfolio Planning
- Capped Drawdown Review
- Annuity Purchase
- Impaired Life/Enhanced/Smoker Rate Annuities
- Investment Linked Annuities
Decisions that are made today can have an impact on your retirement income and lifestyle, so it's important to get the right advice. That's where we can help.
The value of your investment or pension can fall as well as rise and you may not get back the original amount invested.
The levels, bases and reliefs from taxation are subject to the individual circumstances of the investor and may be subject to future change.
The Financial Conduct Authority do not regulate tax planning.