Pension Planning Advice
The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.
Over the years successful governments have endeavoured to simplify Pension Saving vehicles and the methods of drawing your pension at retirement.
A pension is an investment vehicle made up of different assets – with certain tax breaks. All assets entail a certain degree of risk and it is important that before entering into any investment decision, that you understand the risks associated with these investments. Your risk profile changes over the years from typically more adventurous when young to more cautious approach in later life, as security of funds become upper most in your thoughts when approaching retirement.
We can work with you to assist in helping to understand the latest legislation changes, by regular reviews and also ensure your portfolio matches your risk profile throughout your life. Finally ensuring you have the right contract to draw your pension, giving security for family.
Pensions offer great tax advantages and can form a large part of an individual’s financial plan, no matter which stage of life you are at. Due to the recent changes in legislation, pensions could be viewed as a family asset. If managed properly, future generations and beneficiaries have the opportunity to benefit from a lifetime of savings being passed on to them.
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Aspire 2011 LLP is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority.
Approver Quilter Financial Services Limited & Quilter Mortgage Planning Limited. 30th January 2023
Quilter Financial Services Limited and Quilter Mortgage Planning Limited are entered on the FCA register under reference 440703 and 440718