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 also used as a very effective form of tax planning; reducing your immediate income tax liabilities, achieving tax free growth, providing a tax-free lump sum in the future and potential to pass on their value to the next generation (and beyond) without any inheritance tax being payable.
It's essential that you review your pension situation regularly. We can advise you with 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.
We are experienced in providing advice on the many options available when taking benefits from pension schemes, including:
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.
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.
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 does not regulate some aspects of Trust, Tax and Estate Planning.