Pensions

Pensions are financial tools whose purpose is the provision of money in old age.
Because it is considered good public policy to try and get people to save for their own retirement (rather than rely on the State) pension funds are given special tax treatment.

Over the years, however, governments have changed the system so much that it is all highly complex (much more complex than it should be).

Pensions are simple in concept, but can be complex in practice. It is vital to seek expert advice in order to ensure that correct planning is arranged.

At its most basic a pension is a fund that you build up over your working life in order to provide income for yourself in retirement.

While most people can rely on some level of State Pension, therefore most people consider arranging additional pensions an essential part of their financial planning.

The Pensions Planning Process

In order to assess your position and advise you correctly, we will need to understand your previous history and any existing pension contracts you may have.

In short, we conduct an audit of your present arrangements. We assess the level of pension that your present arrangements might expect to provide at retirement and then, if there is a gap between what you want and what you might get, advise you as to how best to invest with the aim of providing the extra retirement income you need.