GOOD NEWS…...….…WE ARE ALL LIVING LONGER !

The good news is – we are all living longer and well beyond the age of retirement! The not so good news is that in the future it is unlikely that the State will be able to fully support a far higher proportion of the population as pensioners.

As well as being less able to rely on the State pension, fewer of us remain with the same employer throughout our work lives, so fewer of us can assume that everything will be taken care of by a company pension scheme. And as well as living longer and living more active lives far into retirement, most of us also want to retire earlier.

It is therefore absolutely essential that everybody now looks to plan properly for their pension – as making the right Pension choices now could be the difference between spending your retirement free from financial worries – or still having to work for a living into your 70’s.

There are many types of Pensions available and a pension is one of the most tax efficient ways of saving. Why not arrange for one of our Experienced Financial Planners to come and talk to you about your options in starting a Pension now?

PENSION TRANSFERS - PRESERVED PENSIONS

Do you have an existing pension that you no longer make payments into ?

This is known as a deferred or preserved pension.
It might be a previous Employers Company Pension Scheme that you belonged to, but stopped paying into when you left. There are many of these types of pensions in existence that have been forgotten about and people don’t realise that it is worth having them reviewed to see what they are worth and to see if they are performing to the best of their ability giving you the maximum pension benefits when you retire.

We can help you to assess whether your preserved pension is working effectively for you by checking the following :

	Your Existing arrangements are in the right place
	Your existing arrangements will maximize your tax-free cash entitlement
	You are investing in the right funds for your risk profile
	Your projected fund will be above the standard lifetime allowance
	The benefits provided by your projected fund meet your expectations of income levels when you come to take your benefits
	Your current arrangements allow you flexibility in how you take your benefits

Act now to make sure you make the most of what’s on offer.

All we need is your permission to write to your current provider to evaluate your pension.
We will then and advise whether your pension should remain where it is - or whether you might benefit from moving it to a new pension plan if this will benefit you.

It costs you nothing to allow us to access the information to see if your pension is in the right place to maximise its worth.

WHAT DO YOU HAVE TO LOSE?