Is your pension going to be enough? We provide retirement planning advice

It’s a fact – we’re living longer. That means that we are going to be retired for longer, too. When the time comes most of us have ideas about how we want to spend that well-earned retirement. Whether it’s travelling the world or spending more time at home with the grandchildren, you want to be able to enjoy life without worrying about how you are going to pay for it.

Can you rely on the state pension? It’s likely that you’ll struggle if you do. Today, at normal retirement age, a person will receive a state pension that is equivalent to 20% of the national average weekly wage. Are you making the right provision when you still have time to put money away?

Now the good news

People’s attitudes and aspirations towards their retirement have changed and the market is changing to adapt to these. And the market is changing too to adapt to new client needs. There is a fresh flexibility, which allows independent financial advisers to have a more adaptable approach to financial planning. There are numerous options and products available. It is a matter of finding the right ones for your circumstances.

The earlier you start planning, the more you will be able to live the lifestyle you have mapped out for yourself. If you haven’t already got your pension plans in place, or you are not sure that the plan you have is sufficient for the future, then you should be talking to us.

Our wealth management portfolio encompasses the following types of pensions:

  • Personal pensions
  • Group Personal pensions
  • Stakeholder pensions
  • SIPPs

We also cater for a wide range of other savings and investments products in our wealth management portfolio.

Call one of our experienced financial advisers about effective retirement planning on 07789 900359.

“Thanks to Penda’s pension plan for me I’m not worrying about retirement.” Mr Wright, Boldon

The value of investments and pensions can fall as well as rise. You may get back less than you invested.