Advice - Investments and Retirement
Traditionally, pension plans have been used to help people fund their retirement, and pensions can still form an important part of retirement planning due to the tax benefit of saving this way and the more flexible ways of taking pension benefits that are available to us nowadays.
A major shake-up of the pensions rules in 2006 has resulted in the ability to fund a pension plan to a greater extent than ever before. This can be particularly useful for people who are approaching retirement. There is now a much greater choice as to how pension income is taken in retirement.
There are other ways of providing income in retirement, such as taking regular income from investments, or in some cases releasing equity from your home, which again need to be explored as part of an overall plan – ensuring that your particular circumstances and needs are met.
To make an appointment with one of our financial advisers please call 0116 275 6585 or send us an email.
