Pensions & Retirement Planning
When it comes to providing for our retirment, too many people are doing too little too late. Putting away even a small sum early on can make a big difference to the lifestyle you will enjoy when you retire. The golden rule for most people, is to not rely on the State alone. Modern pensions benefit from some very exceptional tax breaks, and nowadays, you can even contribute to your pension when you don't work!
Pension Planning
Today there are a number of tax efficient ways of providing for a comfortable retirement. The area is complex and choosing the right vehicle requires a detailed understanding of your circumstances, tax status, employment status and more.
- Stakeholder pension
- Personal Pension
- Group Personal pension
- Executive Personal pension
- Employers Schemes
- Self Invested Personal pension
- Small Admnistered Schemes
If you would like a 'no obligation' chat about your pension aspirations or concerns, call us on 0117 925 5500.
Retirement Planning
This is all about knowing how to maximise the income from your pension arrangements and other assets, whilst taking into consideraion tax efficieny, inheritance tax, your beneficiaries, flexibility and of course control. Edwards de Lancey Financial can provide detailed advice following a thorough finanical review. Some tools of retirement planning include:
Annuities
Phased retirement
Income drawdown