Pensions

Choosing a pension may be the most important financial decision you make in your life, but making an informed choice is far from simple.

Baffling jargon, complicated rules and options - it's easy to see why many people feel bewildered when trying to make a decision.
Pensions can seem confusing, but in fact, the basics are simple. You pay money into a savings scheme, it grows in value over time and then you withdraw it in the form of income once you have stopped working. The more you pay in, the more you are likely to take out.
Your main decisions are how much to contribute and where to direct it. The advent of Stakeholder Pensions has led to some welcome and long overdue simplification of most Personal Pensions. It has also opened up some exciting new financial planning opportunities for children and spouses who are not in full time employment.
Tax can also be an important element when selecting a suitable pension product. The tax treatment of pension plans is currently extremely generous and includes relief on contributions and the tax-free payment of some benefits.
For more information on pensions, or to arrange an appointment, please contact us.

Golden Rules

  1. Start saving as early as you can
  2. Spread your investments across markets and managers - don't have too many eggs in one basket
  3. Regularly review whether you are saving enough
  4. Consider all your options at retirement

Impartial

Our clients are able to come to us at any time for advice on a wide range of financial matters affecting themselves, their family, or their firm, knowing that the advice given will be impartial and totally independent.