AdviceOnline | Retirement

Pensions

For some people their retirement years are a golden era when they have the time and financial resources to fulfil plans to relocate treat the grandchildren and take frequent or extended holidays. For others despite an apparently comfortable financial position retirement is a time to scrape by on a much reduced income. We can arrange for an independent review of your existing arrangements and advise on ways to provide retirement income that comes as close as possible to maintaining your pre-retirement living standards.

Annuities

When you reach retirement and decide to take benefits from your pension the decisions that you make at that time will dictate your income for the rest of your life. Taking independent expert advice on your choice of annuity can prove invaluable and enable you to make the most of your retirement.

Self Invested Personal Pensions

We can arrange for an independent financial adviser who can advise and arrange Self Invested Personal pensions SIPPs designed for those people who want to manage their own funds or require greater flexibility into a wide range of funds and investments such as commercial property. They often have higher charges than stakeholder and personal pension. For this reasons they may only be suitable for people who have large fund and are experienced with investing.

Stakeholder pensions

A stakeholder pension is simply a personal pension which must meet specific standards on charges and flexibility. As with other pensions they attract tax relief on your contributions but can be restricted in choice of funds. For Employers we can arrange for pension specialists to help you find the right scheme for your employees and ensure that you do not breach the regulations.