The value of investments and any income from them can fall and you may get back less than you invested.
Understanding your needs
Determining the level of income you will need is the key to a long and happy retirement. Pensions are one way of generating wealth for later years, but ISAs, property and other savings and assets can be important too. We can help you choose between buying an annuity, taking a lump sum or making regular withdrawals while continuing to invest.
How much will I need?
We all have ambitions for our lives after work - things we want to do, places we want to see, people we want to spend time with. To achieve your goals, you need to have financial plans in place that will provide the income you need. But there are other considerations too - how to ensure your wealth will last as long as it needs to, whether you need to anticipate future care needs, or how much you might want to pass on to your family. Striking the right balance means weighing options. We can help you consider your priorities and make the decision that is right for you.
Making the most of your pension allowances
Using the allowances set by the government, pensions provide a highly tax-efficient means of providing for your future. Pension regulations have changed rapidly in recent years, and understanding the tax rates and advantages of saving into a formal pension has never been more important. We can help you to make the most of available tax incentives and avoid the potential penalties if you were to exceed your allowances.
Building your retirement fund
There are many ways to build your retirement fund. Pensions - whether they are final salary schemes, self-invested personal pensions, stakeholder or personal plans - can be combined with other savings vehicles, such as ISAs and assets like property, to provide the foundations for your life after work. We will work with you to find what works best for your personal circumstances, commitments and retirement ambitions.
Understanding your options
New pension freedoms have brought many more options at retirement than previously, and making the wrong decision can be costly. Having good advice is crucial. From choosing between buying an annuity that will provide you with a guaranteed annual income, or drawing down your retirement funds more gradually while continuing to invest, we can help you navigate the pension landscape and enable you to create a comfortable retirement.
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Long term outlook
Witness to over two centuries of change in the world, we have a composure ever-relevant in today’s times of uncertainty.