Preparing for your later years is probably the most important aspect of your financial arrangements

Retirement Planning

We all want to retire and have enough money to pay the bills, run a car, have holidays and pursue hobbies. Financial security once income stops is vital, but many people are unsure how to achieve it.

  • Can I afford to retire?
  • Why do I need a pension?
  • Pensions are doing really poorly, aren’t they?
  • My business is my pension, isn’t it?
  • How can I bring all my pensions together?
  • Won’t my state pension be enough?

The answers to all of these questions are complex, except to the last one, which is

No, your state pension will not be enough.

The first stage is to provide a cashflow model that will show you when you can afford to retire and how long your capital might last in retirement.

Our retirement specialists will give you a clear understanding of how a retirement strategy works, the tax relief available, how changes in legislation now provide a much broader range of options and how with careful planning you can reach your goals.

We are qualified to give transfer advice, occupational scheme advice, sharing pensions on divorce advice and can set up new schemes for individuals and companies. In short, we are eminently qualified to steer you through the minefield of legislation and product options.

Building a fund for your retirement is probably the most important aspect of your financial planning. We take the job of increasing and protecting your retirement fund very seriously.

 

Pension withdrawal

Taking advice at the point you are ready to move from accumulating wealth to drawing from it is the most important time to use an experienced financial planner. Recent changes in legislation mean that you can now access your whole pension fund, or leave it to be inherited tax free on your death.

The first stage is to provide a cashflow model that will show you if you can afford to retire and how long your capital might last in retirement. The report takes into consideration taxation and demonstrates which of your capital ‘pots’ to extract money from to ensure it lasts for as long as possible. We can model in poor market conditions and one off expenses such as your children’s weddings and replacing your cars.

We believe that all drawdown strategies should be bespoke to each client in order to ensure withdrawals are as tax efficient as possible. Investment strategies are designed individually taking into consideration to level of income and attitude to risk.

Reap the rewards ofexpert financial advice
Reap the rewards of
expert financial advice