Planning for Every Phase of Retirement
Retirement planning is vital for all phases of life. We can advise on pension planning from setting up a pension plan, to managing ongoing pension investments, all the way through to and into retirement.
Phase 1
Accumulation
Building your pension pot through regular contributions, employer matching and tax-efficient growth over time.
Phase 2
Approaching Retirement
Reviewing your options, considering drawdown vs annuity, and planning the transition from work to retirement income.
Phase 3
In Retirement
Ongoing management of income drawdown, tax planning and ensuring your wealth sustains your retirement lifestyle.
Flexibility
Progressive legislative changes have given individuals total freedom on how they manage and access their retirement benefits. Pension freedoms mean you have more choices than ever — but that also means advice is key to making the correct choices to meet a range of different circumstances.
Tax Efficiency
Pensions offer an extremely tax-efficient method of planning for your retirement, with tax relief on contributions, favourable tax treatment of investment growth, and the potential to take a tax-free lump sum in retirement. We ensure your pension strategy is structured to maximise these benefits throughout your lifetime.
Cashflow Modelling
We can work with you using sophisticated ‘cashflow modelling’ software to build a long-term plan for retirement. This can model different assumptions and long-term scenarios to determine whether you are on course to meet your objectives — and what adjustments might improve your position.
What We Cover
- Personal pension plans and SIPPs
- Workplace pension reviews
- Pension consolidation
- Flexible drawdown planning
- Annuity comparison and advice
- Defined benefit transfer analysis
- State pension optimisation
- Retirement cashflow modelling
Defined Benefit Transfers
Transfers from defined benefit (final salary) pension schemes require specialist regulated advice. Tosh Naylor holds the relevant pension transfer qualifications. Please note: it is not always in a client’s best interest to transfer.