Retirement Planning

Retirement Planning

Life expectancy is far greater than it was 50 years ago.

You probably wouldn’t have needed much retirement planning 50 years ago as retirement of less than 10 years was the norm. These days retirement often lasts 20 – 30 years. Although the State does provide some basic financial security in the form the State Pension, the amount you receive depends on a number of factors.

Employers now have to provide a workplace pension to help people safe and produce retirement income over and above the State Pension and many already have, but the benefits will vary depending the contributions made and other factors including investment performance and length of service. You need a far greater pension pot to ensure a long, financially secure retirement than you would have needed in the past.

Throw pensions’ freedom, the huge reduction in the lifetime allowance and restrictions on the annual contribution allowance in to the mix, and it becomes clear that getting professional retirement advice is not a luxury, it’s a necessity.

What our clients say

Contact us today

Financial Services

Independent Financial Advice and Wealth Management Services