Retirement Planning
Planning for Tomorrow Today
It is never too early to start thinking about packing up and taking off to live the dream.
All it takes is a plan. Putting it off until tomorrow, will simply delay the inevitable. Remember, it is better to do something than nothing at all.
It’s your journey
The big question, is how much do you need to live a comfortable retirement? Everyone’s dream is different. What you value will be different to everyone around you. But money and how you save it is the overriding factor to a more financially secure future.
Taking the first step is easier with support. As experienced retirement planning advisers, our guidance is designed to find your right way forward. We can:
- Help you work back from your retirement aspirations, calculating how much you realistically need save;
- Select products that are flexible enough to adapt to your changing circumstances between now and retirement;
- Find the perfect blend for your needs today, and your plans tomorrow.
The trend of people needing to save for their own future is unlikely to slow. If you think now’s the right time to start planning for tomorrow, today, contact us now.
Income Drawdown
Income Drawdown, also known as Flexi-Access Drawdown, is a pension option that allows you to take income directly from your pension fund while keeping your money invested.
It provides an alternative to purchasing an annuity, which offers a fixed income for life.
Phased Retirement
Phased retirement is a flexible approach that enables individuals to gradually reduce their working hours or responsibilities as they approach retirement age.
It allows you to maintain a source of income while enjoying increased flexibility and freedom.
Personal Pensions
Personal pensions, also known as private pensions, are retirement savings plans that individuals in the UK can set up to provide income during their retirement years.
They are designed to supplement the state pension and help individuals save for their future.
Company Schemes and Auto Enrolment
Understanding Company Schemes and Auto Enrolment is crucial for UK businesses to meet their legal obligations and provide valuable retirement provisions for their employees.
Setting up a personal pension
The pension plans which were originally introduced in 1988 have radically changed over the years. They are now an extremely flexible savings plan which both qualify for tax relief on the premiums paid in and grow completely free of tax whilst the money is invested.
The trend of people needing to save for their own future is unlikely to slow. If you think now’s the right time to start planning for tomorrow, today, contact us now.
Income Drawdown
Income Drawdown, also known as Flexi-Access Drawdown, is a pension option that allows you to take income directly from your pension fund while keeping your money invested.
It provides an alternative to purchasing an annuity, which offers a fixed income for life.
Phased Retirement
Phased retirement is a flexible approach that enables individuals to gradually reduce their working hours or responsibilities as they approach retirement age.
It allows you to maintain a source of income while enjoying increased flexibility and freedom.
Personal Pensions
Personal pensions, also known as private pensions, are retirement savings plans that individuals in the UK can set up to provide income during their retirement years.
They are designed to supplement the state pension and help individuals save for their future.
Company Schemes and Auto Enrolment
Understanding Company Schemes and Auto Enrolment is crucial for UK businesses to meet their legal obligations and provide valuable retirement provisions for their employees.
Setting up a personal pension
The pension plans which were originally introduced in 1988 have radically changed over the years. They are now an extremely flexible savings plan which both qualify for tax relief on the premiums paid in and grow completely free of tax whilst the money is invested.
Additional Services
Annuities
An annuity is a financial product that allows you to convert a lump sum of money into a regular income stream for the rest of your life or a specified period.
It is a popular choice for those seeking a steady and predictable income during retirement.
Stakeholder Pensions
Stakeholder pensions are a type of retirement savings plan designed to help individuals save for their retirement.
They are called “stakeholder” pensions because they involve various stakeholders, such as individuals, employers, and pension providers.
Open Market Option
An Open Market Planning Annuity offers you the flexibility to explore the annuity market and find the best solution for your retirement income.
It allows you to compare different providers and secure a competitive rate that suits your individual needs.
BADR
BADR is a tax relief designed to encourage entrepreneurship and reward business owners when they sell or dispose of their business assets.
It allows eligible individuals to pay a lower rate of Capital Gains Tax (CGT) on the profits they make from selling qualifying business assets.
Tax Advice
- Inheritance Tax (IHT)
- Capital Gains Tax
- Income Tax
Will Writing
Our will writing services provide peace of mind, allowing you to have control over how your estate is managed after your passing.