Pensions for Individuals:
Individual schemes in this sector range from simple Stakeholder pension plans, highly flexible Personal Pension schemes offering a range of investment facilities including Self-Investment to old style Retirement Annuity Contracts.
Reviewing existing plans is integral to our service as there is considerable difference in the charging structures, fund choice and performance and policy features and flexibility of different schemes offered by different providers.
Integral to the process is ensuring that you have the right policy for your circumstances which is going to deliver the right level of tax free cash and income at the right time. Our team is experienced in identifying where existing schemes offer valuable guarantees or where you might benefit from new modern plans and ascertaining if you have the strategy in place to meet your objectives.
- Targeted Retirement Planning
- Review of existing schemes
- Recommendations for new schemes
- Investment Strategies for existing or new schemes
Services offered:
- Stakeholder Access review for employers
- Review of Existing/old schemes and windup advice
- Recommendations for new schemes
- Profit extraction solutions for Limited Companies
Services offered:
- Annuity research
- Open Market Options
- Unsecured and Alternatively Secured Pensions
- With profit and Investment linked annuities
- Triviality commutation advice
- Self Invested Income Options
Services offered:
Pensions for Businesses:
A Business may require pension plans for a number of purposes such as meeting the Stakeholder access rules, rewarding key staff over and above their salary or as a means of tax efficient profit extraction for business owners.
The rules around Company based schemes have changed significantly over the years and many companies have legacy schemes for which the employer’s responsibilities have become onerous. A review of these may show up opportunities for a more streamed lined approach to employee benefits.
Self Invested Pensions:
More and more investors are taking control of their pension plans via self-investment. This is particularly attractive for investors with businesses who might use the opportunity to invest in land or property to develop their trading activity or for those wishing to utilize their pension funds within their own business. For those pension plan holders with commercial property or land assets (amongst other qualifying assets) there is also the ability to sell these assets to your pension scheme, thereby retaining control over the asset whilst releasing the cash out of the pension.
The relaxation of the ‘connected parties’ rule through the introduction of new pension legislation has opened up many new opportunities for money previously deemed to be “tied up” in pension plans to be used as part of your business planning and development.
Services offered:
- New Self Invested Schemes set up
- Transfer analysis of existing pensions
- Asset purchases via pensions
Pensions to provide Income:
At some point an investor holding a pension fund needs to consider how the money will be accessed to provide Tax Free Cash and an Income for their benefit. This is no longer as restrictive as simply as buying an annuity from the plan provider, there are now a range of income solutions available which allow these benefits to be structured in a variety of ways. We provide solutions to suit all clients circumstances and risk profiles.