Retirement fund options

Business owners deep into running their businesses often have pension schemes in place and dreams about what they would like to do after they retire but, as they approach retirement age, may not be so sure on the best way to achieve those dreams with the pension provisions they have.  It’s a good thing that there are a lot of options nowadays for people approaching retirement to use their pension to fund their lifestyle but it can be confusing which is why we offer advice on the different options and help people decide which option would best suit their needs.

Whether you choose to purchase an annuity, use a drawdown or reinvest your pension pot will depend on a large number of factors such as what your aspirations are for your retirement, what your living circumstances are, what your health is like, how much money you have in the pot, what other investments or sources of income you have, any dependents you have, etc.  That is why we start our advice with a detailed discussion about your circumstances and preferences so we can recommend the options most likely to help you achieve your retirement dreams.

Once we have established exactly what you have and what you want, we can look in detail at your options to help you decide the best path for you.  Whichever option or multiple options you choose, we can help you find the most appropriate annuity scheme or further investments for your requirements.  We can provide this service to business owners but also to employees who are nearing retirement age and looking to find out how they can make the most of their company pensions even if we did not help you set up the pension in the first place.

Risk Warning: A pension is a long term investment. The fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation

Interested in finding out more?

Call 01323 891234 to speak to an adviser