Retirement Planning

Whether you’re just starting out saving for your retirement or you have some pensions and you want to see if you’re on track to meet your financial goals in your retirement, our helpful and knowledgeable chartered financial advisors can help you find the best solution for your needs.


The three main types of pensions are:

  • State Pension – The standard pension paid out by the Government based on National Insurance contributions
  • Company Pensions – Various types including Defined Contributions, Defined Benefit & Final Salary Pension
  • Private Pension – A policy you may have taken out with a personal pension provider

Your Options

When your company or private pension matures, we can help you find the solution that best meets your requirements. 

Your first option is to invest in an annuity – This is a simple investment where you invest all of your money in return for a fixed amount for the rest of your life.  An annuity can include 100% cash protection, spouse benefit, or guarantee period.

Alternatively, you could take advantage of the newer flexi-access drawdown system.

Flexi-access gives you maximum control over your pension pot and allows you to take control of when and how often you withdraw money from it, which can have huge benefits in reducing the amount you are taxed.  It also allows you to withdraw a lump sum for things like a new kitchen, a car, or a holiday.  There are other big benefits to using flexi-access, which can typically include your partner benefitting from your pension pot after your death.

There are many factors that affect which option is best for you including:

  • How much money is in your pension pot
  • The amount you would like to draw on a regular basis
  • How often you would like to draw down large amounts
  • Tax Free allowances, which might be used on other residual income streams
  • Your family and dependants
  • Your health record

Cashflow Modelling – Your retirement planning made easy

Our cashflow modelling system is great for retirement planning and offers a visual explanation of your retirement income.  It also allows us to test various changes such as withdrawing lump sums or increasing pension payments to instantly see what effect it has on your returns.  For more details, visit our cashflow modelling page, which features a great video explaining it all.

If you would like to have a chat about how we can help you with your retirement planning, please call 01253 405900 or contact us using the form below.

Get in touch.

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again or email
You voluntarily choose to provide personal details to us via this website.  Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.  Full Details can be found in our Privacy Policy.