Advice at Retirement
Expert advice to make sure you make the right retirement choices for you
Once you reach the stage where you are looking to start taking your retirement income, expert financial advice becomes even more crucial. Many of the decisions you make at this time will affect you for the rest of your life – so you must make sure they are the right decisions for you.
You may have many different sources from which to receive an income once you finish working. Your financial consultant will make sure all relevant information has been considered before providing you with your personal retirement income plan. Even with traditional pension savings there are an extremely wide range of options available to you – from conventional annuities (paying you a secure, guaranteed income for life) and short term annuities, to phased retirement and income drawdown (a more flexible, but higher risk option). As many of our clients have significant retirement savings, we have a wealth of experience advising on more complex retirement income arrangements, and we can help you make sure you are receiving the right level of income, at the right time, and in the most tax efficient way.
A pension is a long-term investment. The fund value may fluctuate and can go down.
Eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.