Our eventual retirement is something we should all look forward to and enjoy. Few people are fortunate enough not to have make provisions in this area. However, in reality the vast majority of us have to plan for that long awaited day, well in advance.
By planning in advance, we have a far greater chance of improving upon our eventual retirement provisions allowing us to enjoy more of the quality time we may have longed for. Research suggests that people are now living much longer than they used to and increasing pressure on Government funding means more and more responsibility is placed on us to ensure that our Pension in retirement will be adequate to meet our needs.
Although many people have different views on Pension Plans, most are still a key component to our eventual retirement and there are still many tax
benefits to be enjoyed by people who choose to invest into a Pension Plan to save towards their planned retirement.
As this can be a complex and rapidly changing area to consider, we actively encourage our clients to seek advice as early in their lives as possible and equally importantly to review their plans and continually receive updated advice in connections with their Pension arrangements.
Our advice will look into a variety of different Pension products such as Stakeholder Pensions, Personal Pensions, Income Drawdown arrangements, Self Invested Personal Pensions (SIPPs), along with Occupational Pension issues. In addition, the full suite of Annuities can be explored including Guaranteed, Conventional, Temporary, Single or Joint Life, Unit Linked, With Profit and Impaired Life Annuities.
This is one of the areas we get asked about most, and we are happy to help you explore this huge area and guide you through the vast array of different products that can be used to help finance your retirement.