Pro-active pension planning advice
Building sufficient retirement provision is of huge importance, allowing you to deliver the lifestyle you desire in later life.
With increasing life expectancy and a rise in the age for receiving the state pension, you’ll need to consider not only your health and fitness and how you’ll spend your time but most importantly where you’ll find your income. We advise on the following areas:
- Personal pensions
- Stakeholder pension schemes
- Self invested personal pensions (SIPPs)
- Small self administered pension schemes (SSASs)
- Group personal pension schemes
- Auto enrolment pensions
The most widely known and most popular form of saving for retirement, due to a significant incentive from the tax man that effectively boosts your savings by 25% from day one, is the personal pension. Through a pension you can create a fund of money which can be used to provide a tax free lump sum and an income at the point of your retirement, or to supplement your income whilst continuing to work full or part time. But of course there are different types of pensions and not all pension schemes will suit your lifestyle or your personal circumstances.
Even the best plans can go off-track and reviewing the plan periodically is essential to make sure that you get the result that you are expecting.
The world of pension planning can be difficult to understand but our pension advisers can help you make the right decisions.
If you are looking to start or continue your pension planning, and are unsure what you need to do to, we can advise you regarding this.
Speak to a pension adviser in Cumbria
Whichever area you wish to consider, a quick call to Gibbons to arrange a meeting with one of our independent financial advisers will help you to select the right product or products for your needs. Not only that, we’ll take care of the paperwork too and deal with the providers on your behalf. Contact us »