Whether you are looking for advice as a private individual or on behalf of a corporate or business, our expert team can help.
For private individuals our Retirement Planning Service is a comprehensive service that looks at:
- Existing pensions
- State Pensions
- Any new pensions that may be required to deliver the retirement that you want to achieve
This inevitably requires us to consider the household pension arrangements, household income and expenditure and household assets and liabilities.
Through our process we will help you understand what your retirement income and lifestyle could be, at different ages. This helps you decide whether or not it will be feasible to retire at a certain age or have a given level of income in retirement.
In turn this can then help inform you as to whether you should:
- Increase your pension contributions
- Accelerate or defer your retirement
- Revise your expectations either up or down as to the retirement you will have
For corporates and businesses our Retirement Planning Service helps you design and implement a group pension scheme, giving you advice about contributions, risk profiling and employee engagement.
Tax efficiency is also part of this process, and we can help you look at benefits for shareholders or helping reduce the company’s costs through tax efficient measures, such as salary sacrifice schemes.
We also then provide a service to your employees to help enrol them in the scheme, help them set an appropriate risk profile and then manage their part of the scheme in a manner that is appropriate to them.
This is then backed up by an annual review process to allow both employer and employees to review, update and change as appropriate their arrangement.
For many members we usually end up conducting the retirement planning process for private individuals detailed above.
To find out more please get in touch to discuss our range of services and how we can help you on your financial journey.
