Pension Advice has never been more important or needed than now. Over the past 30 to40 years the various governments have changed the pension rules so often that confusion concerning pension rules is rife.
Our pension advisers will help you make sense of any pension provisions you currently have, and how you should progress through to retirement.
Tax relief is available to most pension contributions. Yes Her Majesty’s Revenue and Customs (HMRC) will divert back allowable income tax that you have paid or are about to pay, and put some into your pension pot. In addition, your pension pot’s ongoing growth is enhanced by tax reliefs.
With the state pension now commencing at later ages, it is more urgent than ever that you take control of your retirement planning.
Talk to one of our pension advisers now.
Retirement Plans are forever changing. Assuming you have been working for a while, it is probable that you have accumulated several.
All may be subject to different rules. By taking Pension Advice, you can at least understand where you are up to now. Some of your old pensions may contain valuable benefits not available if you transfer your pension. Be careful.
Listed below are some of the pensions you may recognise. Please leave your contact details if you require pension advice on any of these pension plans.
Work Place Pensions – also often called Auto Enrolment, we offer workplace pension advice on schemes up to 250 employees.
Personal Pension Plans – this is a generic name for pension plans that exist in your own name. Introduced in the mid 1980’s, most of us have a Personal Pension Plan.
Self-Invested Pension Plans (SIPP’s) – these pension plans offer a little more freedom and control than a traditional pension.
Directors Pensions – Company Directors have some flexibility in the way that they are paid. This also applies to their pension planning which can reflect their particular personal needs.
Contractor Pensions – the burgeoning GIG economy has created millions of contractors who sell their services for several weeks, months or even years at a time to companies that temporarily need their skills. Contractor retirement plans need to fit the individual contractor and their work arrangements.
Self-employed Pensions – private pensions for the self-employed have been available for many years. Pension planning for the self-employed is essential as there are limitations to their state benefits.
Small Self Administered Schemes (SSAS) – these schemes can be created to reflect the particular needs of those running small companies.
At Retirement Advice
If you have reached or are approaching the age at which you would like to start taking a retirement income, we can help, click here to find out more.