Retirement Planning

Retirement Planning is a complex area which means different things to different people. How you plan for retirement can be wide and varied, but one thing is for certain – it must be planned for well in advance. Generally, the sooner you start putting plans in place, the greater the level of flexibility you will have and the more likely you are to enjoy a comfortable and well-funded retirement.

From how much you invest during your working life to the manner in which you access your pension on retirement, there are many options and routes to follow, the choice of which could dramatically impact whether your pension will be sufficient to see you through the entirety of your later years.

Pension Investments

Pension planning is essential to securing a good standard of living during retirement. The vast majority of people benefit in later life from having a private pension provision in place; allowing them to maintain a lifestyle similar to that enjoyed whilst working, whilst perhaps also being able to provide for children and grandchildren.

Choosing the right vehicle in which to save will vary from person to person, depending on their individual circumstances. Taking advice from an expert financial adviser in this area can make all the difference. The types of pension scheme on which Gresham Wealth Management Ltd can advise upon are:

  • Stakeholder Pension
  • Personal Pension
  • Self Invested Personal Pension (SIPP)
  • Small Self Administered Scheme (SSAS)
  • Executive Pension Plans
  • Previous Employer Pension Schemes

Accessing your Pension

Since major legislative changes were brought into the area of pensions in 2015, there are now more options for retirees in terms of how they access their pension funds. Again, taking advice from an expert can be essential in making the most of the funds you have available.

Smart pension planning can even allow you to use your pension as a tax efficient vehicle for which to cascade wealth to the next generation, provided other sources from which to draw income have been put in place.

For more information on retirement planning, or to speak to us specifically about pension planning or moving/consolidating existing pensions, please get in touch with us.

  • Keyman Protection

    The death or prolonged illness of a key employee can put your business under financial strain. Keyman insurance compensates a business for the financial loss brought about by death or long term illness of a key employee.

    It provides a valuable cash injection to the business which can help with a potential loss of turnover and/or to provide funds to replace the key person.

  • Client Testimonials

    My current investments are well on the positive side and I do thank you for your care and management of my financial affairs. I simply wouldn’t know how to manage them myself, and feel secure and confident knowing you are looking after these matters so professionally.
    On behalf of Walk & Talk Group, I would like to thank you for the most informative, enjoyable and appropriate presentation you gave. Members found the session of great value and very useful.
    Whilst my client’s situation is obviously very complicated, you made it very straight forward – quite an art!
    The professionalism of your service continues to give me confidence that we are pursuing the optimum route with our finances. The sound advice you provide is more critical than ever in the current climate.
    I knew I had to start the ball rolling with getting our finances sorted but it was a hard thing for me to do as it cements the fact that our lives have changed forever. You made the whole process so much easier.
    Thank you for your visit today. We enjoyed meeting you and found you to be very thorough and knowledgeable. As a result, we now have a positive outlook concerning the future of our finances
    Morven’s guidance about pensions and investments has provided us with excellent returns, even during the recent turbulent financial times. She has been a helpful and friendly advisor for many years and we wouldn’t hesitate to recommend her.
    I’m really impressed by how responsive you have all been to get this through against such a tight timescale.
    It’s lovely for us to have nice friendly advisors like Jonathan and Morven.
  • Twitter

Main Menu