Increasing longevity has meant that planning and managing retirement has become an even greater challenge. Fewer people now have the comfort of a government or company underwriting their income once they have stopped working. Planning for a time when you are no longer earning can be confusing at best and lonely and alarming at worst.
As you would expect, we can help to establish the pension framework within which you can accumulate retirement capital. We can also add significant value in managing your assets during retirement.
This latter aspect is particularly relevant in the light of the budget changes earlier in 2014 which will allow you to access your accumulated pension pot subject to marginal rates of tax.
Rather than looking at pensions as an isolated element, we look at all your assets and investments – which may be spread across pensions, self-invested personal pensions (SIPPs), individual savings accounts (ISAs), offshore-investment bonds and own-name accounts – to identify the optimum use of pension arrangements and the best ways of producing the right amount of income for you at the right time.
The tax treatment is dependent on individual circumstances and may be subject to change in the future.