Pensions Advice & Review
I am able to give pension advice and review in the following areas:
- Personal Pensions
- Final Salary/Defined Benefit
- SIPPs & SSAS
- Pension advice following a divorce
- pension advice for business owners
- Lifetime Allowance advice
- Annual Allowance advice
More importantly I can give advice on what your pension can do for you and your family.
Is it time to get that pension gremlin off your back?
I know the thought of sorting out your pension is as almost as exciting as sorting out your sock drawer and it is easier to stick your head in the sand and deal with it another day. However you may find that nagging pension gremlin nibbling away at you at certain times, perhaps as you’re dropping off to sleep, mowing the lawn or sorting your sock drawer:
- Will I be okay in retirement?
- Have I got enough in my pension?
- How much pension do I need?
The pension gremlin gets bigger as you get closer to your retirement – so why not bite the bullet and get in touch in order to tackle the pension gremlin head on, rather than waiting until it’s too late. The sooner you act the easier it is for us to create a plan for your future and to get you where you want to be in retirement – remember you have nothing to lose, the first meeting is always at no cost to you and without obligation.
Whatever type of pension you have I will always try to simplify the technicalities, strip away the jargon and deliver their meaning in easy to understand language, the bottom line is that a pension is simply a tax privileged savings plan for retirement.
Like most things however, not all pensions are created equal and there have been so many changes to pensions over the last few years that many older contracts are simply not fit for purpose. You may be happy with your pension but often it’s a case of you don’t know what you don’t know:
- Are the charges too high?
- Does it provide adequate death benefits?
- Is the investment suitable? or too risky?
Lifetime Allowance and Annual Allowance Advice
You may well have found that you have inadvertently fallen foul or potentially fallen foul of both, or either of these two pension allowances - the questions are often: am I caught? will I be caught in the future? do I have to pay a tax charge? what can I do to mitigate any potential charges?This area of pension legislation is complex and often confusing and the best course of action can only be worked out after analysing what type of pension schemes you have and the options therefore available to you. However the starting point is getting in touch as soon as possible in order to maximise the impact of any advice given.
So whether you have one pension or five, a stakeholder or a SIPP, completely baffled or completely comfortable with your pension, it is always worthwhile reviewing what you have to ensure that you will get to where you want to be in retirement.