Pension Choices

‘THE TROUBLE WITH RETIREMENT IS THAT YOU NEVER GET A DAY OFF’ ABE LEMONS

We all want choice in life, whether that’s over where we shop, what we wear, and where to send our children to school – and pensions are no different.

Pensions are a maze and the legislation affecting them has changed dramatically in recent years. On the one hand this has resulted in giving you more choice and flexibility, but on the other, this choice means it’s hard to know where to start.

Depending on what stage of life you are at, you will have different pension requirements.

Your First Pension

We can help you to set up your first pension and make sure it is the best option to suit your circumstances. All employers are now required to enroll employees into a workplace pension, but if you are self-employed or would prefer more flexibility and choice, then there are alternative options –

  • Personal Pensions
  • Stakeholder Pensions
  • SIPPs (self-invested personal pension)

Throughout Working Life

Once you have a pension pot it’s important to monitor the performance of your pension investments. You may have only one pension, or several different ones in different places. We can help review your pensions to ensure they match your goals and attitude to risk. Then, if needed, transfer to an option that is more personalised to your individual needs.

  • Pension Reviews
  • Pension Transfers
  • A SSAS Pension (small self-administered scheme), if you are the owner or director of a ltd company.

Approaching Retirement

Now is the time to make sure you have peace of mind that you will be financially secure throughout retirement, to enjoy your time as you would like. We can help review your pension investments to ensure they are less-risky, and recommend any final adjustments to maximise your retirement income. We can look at all your pensions and create a bespoke plan for your retirement journey. Planning can take into consideration –

  • State Pension
  • Final Salary Schemes
  • Annuities 

If you are exploring pension options, and would like some objective, expert, bespoke advice, the team here at Hartsfield can help. Please get in touch.

 

Pensions and tax planning for high earners brochure

PENSIONS AND TAX PLANNING GUIDE

To DOWNLOAD this FREE guide which sets out the basics of Pensions and Tax Planning for High Earners, please click the button below:

 

Investing for income when you retire brochure

INVESTING FOR RETIREMENT INCOME GUIDE

To DOWNLOAD this FREE guide which sets out the basics of Investing for Income when you Retire, please click the button below: