Pensions
Traditionally there used to be only one option when it came to converting your pension fund into pension income. After taking tax-free cash you had to use the balance of your pension fund to buy a pension income known as an annuity.
Over recent years, thanks to a change in legislation, more modern and flexible alternatives to annuities have appeared: these alternatives allow you to take control over the way your pension fund is used to provide retirement income.
With years of experience and the appropriate professional qualifications we can ensure that you approach saving for your retirement in the most appropriate manner or advise on the best arrangement when it comes to drawing your retirement benefits.
Our service covers all aspects of pension provision and includes setting up:
- Personal Pensions, including Stakeholder Pensions and Self Invested Personal Pension Schemes;
- Occupational pensions, including Small Self Administered Schemes (SSAS’s), Section 32 Buy-Out bonds;
- Group Schemes
At retirement the service covers all of the options available
- Annuity Purchase;
- Unsecured Pension (formerly known as drawdown);
- Phased Retirement;
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