Pensions aren’t the most glamorous of topics, but they’re something we should all consider. You’re going to need access to some money after you retire and the state pension alone is no longer a viable option.
Pensions tend to be a good option for most people because the Government provides tax relief on contributions. This boosts the value of the fund and also allows for the fund to grow virtually free of tax.
We can help with all aspects of pensions for both individuals and businesses including:
Take a look at our Advice for businesses page for more details on how we can help businesses and business owners with their pensions.
Most people recognise that it is wise to plan for their retirement to ensure that they have sufficient income and capital once they stop working. This is especially true for those who are hoping to retire earlier than their applicable state pension age.
Retirement planning is a two stage process:
Building up your retirement fund involves a combination of making sufficient contributions into any arrangement. But it’s also about making sure that your accumulated fund is working as hard as it can for you.
When the time comes for you to start taking benefits from your fund there is now much more flexibility than ever before thanks to a whole raft of recent legislation changes. This means it has never been more important to take professional advice regarding your retirement planning to make sure you’re using all available methods to achieve your objectives.
Planning for your retirement should always be done in a way to provide income to cover regular expenditure and also capital reserves for your occasional requirements. It is therefore becoming increasingly popular for clients to use additional arrangements such as ISAs to provide some of their benefits in retirement. We can help identify the right route for you.
To find out more about how we can help you, pop in to our Norwich office. Alternatively, we are happy to come and visit you in your Norfolk home or office. Just get in touch to arrange an appointment.