Retirement & Pension Planning

//Retirement & Pension Planning
Retirement & Pension Planning 2020-04-18T09:48:59+01:00

Retirement & Pension Planning

Making sense of the various pension plans people collect throughout their working lives is a common occurrence for our advisers.  We are regularly asked to help people to understand the pension plans they have, whether they’re fit for purpose and what they need to do to make sure they can retire at the age they desire with the income they need.

So don’t be worried if you have a collection of pension plans that you’ve amassed over the years and you don’t know how to make sense of them.  To be honest that’s normal.

We are also regularly asked to help guide clients through the complicated process of accessing pension benefits when they’re ready to retire.  Should you buy an annuity?  Use drawdown plans, the new flexible access rules introduced by George Osborne or maybe a combination of all of the above?

Finally, we specialise in final salary (aka defined benefit) pension transfer advice.  Since the introduction of flexible pension access we have seen a marked increase in clients approaching us to help them identify whether they should stay in their employers pension plan or transfer to a personal arrangement.  This is a complicated area of financial planning and one that we feel we excel in.

Should you need an in depth analysis of the pros and cons of transferring a final salary pension then contact us for an initial consultation.

For a free initial consultation from one of our retirement & pension planning advisers email us at enquiries@idealfinancialmanagement.co.uk or call us on 01302 880140.

“All the team are very polite and very helpful. And have the expert knowledge to guide the clients to the right products for them . Keep up the great service 5 star for me.”

An Ideal Customer

“The service was efficient and professional. Would recommend to anyone. Thanks again.”

An Ideal Customer

“Friendly and very efficient in dealing with our requirmentsAnd we are very confident we will be looked after.”

An Ideal Customer

Latest from The Blog

The Great Pension Treasure Hunt

November 9th, 2023|0 Comments

Sunday is National Pension Tracing day which aims to make people aware of any pensions they might have forgotten about. According to research by the Pension Policy Institute (PPI)*it’s estimated that there are 2.8 million [...]

Should I swap my portfolio for cash now?

August 20th, 2023|0 Comments

Are you wondering if it's the right time to pull out of investments and embrace the allure of high savings rates? In this eye-opening video created for his clients, Brian Butcher, Independent Financial Adviser and [...]

The 4 money scripts – and how they serve or hinder your financial future.

June 28th, 2023|0 Comments

The 4 money scripts In my previous article I introduced the concept of flashpoints and money scripts and how they drive our economic behaviours.  I also shared with you my personal flashpoints and the money script [...]

  • Your mind and your money

Exploring the Psychology of Money: How Our ‘Money Scripts’ Influence Our Financial Habits and, ultimately, our financial outcomes.

June 25th, 2023|0 Comments

Exploring the Psychology of Money As a financial adviser I have, for many years, wondered why people make very different financial decisions in the same circumstances. For example:- Why is it so hard to get [...]