The individual and group pensions market is an ever changing world, with new legislation
being brought out on a regular basis, it is difficult to keep track of what options
are available with regard to your retirement planning. Hopefully we can explain these
options in plain, simple language and help you plan for your future.
Pension Performance
Review™ Key Concepts - PDF
The Pension Performance Review™ is a fee-based, objective
analysis of your risk profile, your investment objectives, your expectations, and
the performance of your pension investments. Simply put, we assess the current status
of your pension plans, and make detailed recommendations to try and maximise their
performance.
How Much Should I Save Towards My Retirement - PDF
Despite the general
confusion created by insurance companies and other pension providers, the fundamentals
of a pension plan are very simple. You put money into a savings fund, it hopefully
grows in value and at retirement you convert the fund into a regular income payment,
which will replace part, or all, of your earnings from employment. This booklet aims
to guide you through some of the issues you should be thinking about when considering
how much to save towards your retirement.
What Are My Options At Retirement - PDF
The
purpose of this document is to try and explain some of the common options open to
clients when they come to take their retirement benefits. This document does NOT
apply to people who are in ´Final Salary´ pension plans.
Income Draw down - Is It
Right For Me - PDF
Annuities are historically the most popular option in retirement,
with a great many looking for the security that they provide. However, it's unlikely
that they will continue to account for approximately 90% of the entire retirement
planning market as they do just now.
Alternatively Secured Pension and the Family
Sipp
Despite the recent debates on whether Alternatively Secured Pension (ASP) should
be available to everyone, it was introduced at A-Day as an alternative option to
annuity purchase for those aged 75 and over. Rather than being forced to purchase
an annuity, ASP now offers greater choice and flexibility for those over age 75.
It enables them to continue drawing an income directly from their fund in a similar
way to Unsecured Pension. You should be aware that the rules governing ASPs are changing
and you should contact us if you are considering this option.
State Second Pension
- The Facts and Figures - PDF
This document is geared to contracting out using personal
/ stakeholder pensions. The position for employer-sponsored schemes can be different
and you should seek further guidance from your scheme administrators.
Pensions And
Divorce - PDF - Click here
The rules will vary depending on you location within the
United Kingdom and you should contact us for clarification/advice. Between 2004 and
2005, the number of divorces granted in the UK decreased by 7 per cent to 155,052,
from 167,138. This is the lowest number of divorces since 2000, and the first annual
decrease since 1999/2000. This is 14 per cent lower than the highest number of divorces
which peaked in 1993 (180,018). The number of divorces in England and Wales (141,750),
Scotland (10,940) and Northern Ireland (2,362) have all fallen in 2005 by 8 per cent,
3 per cent and 6 per cent respectively (Source: National Office of Statistics 2006).
This new service is a fee-based, objective analysis of your risk profile, your investment objectives, your expectations, and the performance of your pension investments. Simply put, we assess the current status of your pension plans, and make detailed recommendations to try and maximise their performance. As an independent financial adviser (IFA) with specialist pension qualifications we will be able to steer you through this sometimes tricky path and find the right balance, by looking at your retirement savings and your entire financial circumstances together.
The Future Certainty Solution™ is a step-by-step process to help business owners and other successful individuals:
• become and remain financially well organised
• determine their lifetime goals
• create a personal lifetime cash flow plan so that they can
• achieve those goals
• be more confident they will never run out of money, even in the face of certain foreseeable obstacles or catastrophes
• control their tax liabilities and altogether have a more certain and secure future.
