Retirement Income

Retirement Income Advice…

Good financial planning is necessary to ensure that you enjoy an adequate retirement income to ensure that your pre-retirement living standards are not compromised.

Starting pension planning can make a huge difference to the level of income you can expect when you retire. The types of pension and the funds that are available to invest in are numerous and require advice.

Under current legislation pension funds can grow tax free and at retirement you have the option of taking some of the cash tax free. The balance of the fund can either be invested in a pension drawdown arrangement or in a traditional or investment annuity arrangement. Pension income is subject to tax at your personal tax rate.

Maintaining your living standards requires income to keep in line with inflation so this needs to be factored into any planning exercise as the cost of living over a typical retirement of 20 years can be significant. Building in protection against retail price inflation is expensive and so it is worth doing a thorough review of expected living expenses in retirement to ensure the sums add up.

Our Retirement Pension Service* provides:-

  • Impartial retirement income advice on your pension options.
  • Advice on investing tax free cash for income.
  • Quotes & Advice on your Annuity Options - You could get up to 30% more income by choosing the right annuity provider for you. Information & Advice on other retirement income products.
  • Assessment of your circumstances to find the most suitable type of pension for you.
  • Helping you with the relevant paperwork to ensure that your pension is processed smoothly.


ProviderFund NameSIPP OptionMinimum InvestmentMore Info
Barclays Defined Returns PlanyesMinimum Pension Investment £3,600 
This capital protected plan has a choice of investment terms of 6 years offering a maximum return of 44%. Can be used for SIPP and SSAS pension investment.
**Guaranteed gross income.
Disclaimer
*Our pension service will put you in touch with a network of specialist independant financial advisers who can offer professional pension advice