A workplace pension is a way of saving for retirement arranged by an individual’s employer. It is sometimes called a ‘company pension’, an ‘occupational pension’ or a ‘works pension’. Automatic enrolment into a workplace pension is an easy, hassle-free way for workers to save for their retirement while they are earning.
Pension Planning
It's important to plan ahead for your retirement. Here, we explain why pension planning is so critical, and describe some of the options available to you. This information is intended only as guidance. For advice on your specific circumstances, please get in touch.
The government has introduced a new law designed to help people save more for their retirement. It requires all employers to enrol eligible workers into a workplace pension scheme if they are not already in one.
The fundamental idea of a personal pension plan is simple. You put money into a savings fund and it hopefully grows in value. At retirement, you have several options which are usually designed to replace some (or all) of your employment income.
With pensions being most people’s second-largest asset, they can become a major consideration in any divorce settlement.
We all know it’s important to plan for retirement, but many of us are still not planning well, or early enough.
Personal pensions may be suitable if you are self-employed, if you are not working but can afford to put aside money for retirement, or even in addition to a company pension.
Why choose us for tax planning and pension consolidation
- Quick and easy access to view all investments and pensions on one platform rather than looking through multiple providers
- Well diversified portfolio which can be adjusted efficiently if a strategy change is required in the future
- Easy to plan strategy of withdrawals with benefit of advice from Adviser throughout retirement
- Peace of mind all investment and pension funds reviewed regularly and re-balanced in line with attitude to risk
- Available to view assets electronically at any time - 24 hrs, 365 days per year as required
- Regular Adviser face to face reviews to ensure investments / pensions on track to meeting planned goals and attitude to risk updated
- Straight forward clear charging structure
- Easy access to move investments into different tax wrappers, maximising tax efficiency
- Enables various investment strategies to be operated on my behalf, including phasing into funds over different time periods.
