PENSIONS

Planning for the Future

When it comes to providing for our retirement, too many of us do too little too late. Contributing even a small sum early on can make a big difference to the lifestyle you will enjoy when you retire. The golden rule for most people, is not to rely on the State alone.

Pensions

Modern pensions benefit from some very exceptional tax breaks, and nowadays, you can even contribute to your pension when you don't work! On this page is a list of some of the pension schemes available.

We are unable to advise or provide a pension transfer advice involving the transfer of safeguarded benefits (commonly referred to as DB pension transfer advice). Other types of pension scheme can be considered, provided the only safeguarded benefit meets the FCA definition of a GAR.

A pension is a long-term investment not normally accessible until age 55 (57 from April 2028 unless the plan has a protected pension age). The value of your investments (and any income from them) can down as well as up which would have an impact on the level of pension benefits available. Your pension income could also be affected by the interest rates at the time you take your benefits. The tax implications of pension withdrawals will be based on your individual circumstances, tax legislation and regulation which are subject to change. You should seek advice to understand your options at retirement.