Planning Your Retirement

The pensions and investments landscape is ever-changing, so, what’s new and how does it impact your retirement planning?

If you’re in doubt or would like to know more about ANY of the below, simply give us a call, send us an email, or fill out our online contact form, and we’ll book you in for a free confidential financial review to answer these questions in the context of YOUR circumstances.

• Can you benefit by utilising your significant other’s tax rate?

• How do you plan if there is a significant age gap between you and your partner?

• Are you aware of your Money Purchase Annual Allowance (MPAA)?

• Spousal Bypass Trusts – Do you have them in place to protect you and your partner?

• Do you have a Trust for your Death in Service benefit?

• Is it worth leaving your pension in Trust?

• Do you have or should you consider Investment Bonds?

• Pensions will soon be part of your estate; does this give you an Inheritance Tax problem?

• Do you truly know the scale of your Inheritance Tax liability?

• Do you know how Guaranteed Income Plans and Fixed Term Annuities can provide you with income while preserving capital for your future beneficiaries?

• Could an Immediate Needs Annuity help a loved one?

• Do you understand Unearned Income and how it can benefit your retirement?

• Have you planned for a Blended Retirement Income?

• Are your Pensions and Investments still suitable for your goals?

• When did you last review your Pensions and Investments?

• Should you currently be focused on Accumulation or Decumulation?

• Is consolidating multiple Pension pots the right strategy for you?

• Do you have a combination of Defined Contribution/Money Purchase pensions and Superannuation income?

• Are compound charges eroding your pensions? 

• Do you know how and when to use Carry Forward?

• Are you subject to Tapering Restrictions and when could they impact you?

• When should you take your Tax-Free Cash?

• Has the Lifetime Allowance actually gone? What does it still affect?

• How do the changes in the Lump Sum Allowance (LSA) and Lump Sum Death Benefit Allowance affect you?