The individual and group pensions market is an ever changing world, with new legislation being brought out on a regular basis, it is difficult to keep track of what options are available with regard to your retirement planning. Hopefully within this section of our website we can explain many of these options in plain simple language and help you plan for your future. This information is purely intended as guidance and therefore if you require any specific advice please contact us directly for independent financial advice.
The value of your pension can fall as well as rise and you may not get back the original amount invested.
 |
| What is a personal pension? |
| The fundamentals of a pension plan are very simple. You put money into a savings fund, it hopefully grows in value and at retirement you convert the fund into a regular income payment, which will replace part, or all, of your earnings from employment. read more.. |
|
 |
| Income Drawdown - Is It Right For Me? |
| Annuities are historically the most popular option in retirement, with a great many looking for the security that they provide. However, it's unlikely that they will continue to account for as high a % of retirement income products as they have in the past, Why, you ask? This document will explain further. read more.. |
|
 |
| Pensions And Divorce |
| The number of divorces in England and Wales fell by 5.0 per cent in 2008 to 121,779 compared with 128,232 in 2007, accounting for the fall in the UK overall (Source: National Office of Statistics 2010). Like it or not, with pensions being most people's second biggest asset, a major consideration is always going to be pension benefits. read more.. |
|
 | |
 |
| Understanding Personal Pensions |
| Personal pensions may be suitable if you're employed and not in a company pension scheme, or as an addition to a company pension. You may also wish to set up a personal pension if you are self-employed or if you are not working but can afford to put aside money for retirement. read more.. |
|
 |
| What Are My Options At Retirement? |
| The purpose of this document is to try and explain some of the common options open to clients when they come to take their retirement benefits.This document does NOT apply to people who are in Final Salary pension plans. read more.. |
|
 |
| Reshaping Retirement |
| We all know it’s important to plan for retirement, but many of us are still not planning well enough. Despite all the media headlines and Government initiatives, many of us still have a ‘tomorrow will do’ attitude. This is worrying for one simple reason – we are going to live longer than most of us think. This article explains further. read more.. |
|