Pension Advice Nottingham

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Planning your future

If you are simply planning for your retirement, already at retirement or a business owner balancing your personal and company needs…we can help you plan your future.

Creating a Retirement plan

You need a plan for your retirement savings to help you deliver the lifestyle you want when you stop working. It is never too early to start to plan because time passes more quickly than you can believe and the earlier you start to plan the easier it will be to reach your goals.

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Reviewing your pensions

If you have accumulated a number of pensions over the years, having a full review of what you have, could help you simplify and improve your retirement planning in the quickest possible way.

Pension Accumulation Stage

We offer expert pension advice for those who want to accumulate a pension fund in order to fund your lifestyle when you decide to stop working.
We help create a plan with you, including:
– Selecting sensible diversified investment funds to reduce volatility and maximise gains; We also advise on Ethical Investments if required.
– Helping you select a level of risk you are comfortable with;
– Helping you understand what retirement looks like for you at different ages;
– Consolidating pension plans to simplify your planning if it is sensible to do so;
– Frequently reviewing and reporting, forecasting and adapting as necessary.

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How much can I contribute to my pension?

You are allowed to pay in £40,000 Gross (£32,000 net) per year to your pension but only if you have £40,000 relevant earnings (This increases to £60,000 Gross (£48,000 Net) April 2023.)

Find out more about pension contributions and what classes as relevant earnings 

Pension Income Stage

We also offer expert pension advice for those who want to start taking an income from their pension fund whether that be by annuity or drawdown.
We help create a plan with you, including
– Selecting sensible diversified investment funds to reduce volatility and maximise gains; which will often look much different from the accumulation stage;
– Set up and manage your income requirements with you;
– Consolidating pension plans to simplify your income planning if it is sensible to do so;
– Frequently reviewing and reporting, forecasting and adapting as necessary.

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Questions you should ask yourself

– How much regular saving am I doing and will it be enough for what I expect to have in retirement?
– How much will my pension be worth when I retire and is that an inflation adjusted figure or an actual figure?
– What income will my pension fund allow me to take?
– Will I have enough to retire?
– Are my investment funds within my pension performing well or badly?
– Do I want Drawdown Income (Flexible Access) or Annuity Income (Guaranteed monthly Income)?
– Will my family receive any of my pension if I die before I use it?
– Is a Final salary Pension better than a personal pension?

Divorce

The value of a pension fund can be as much as the value of your home – what happens to your pension and your spouse’s pension when you get divorced – Our independent financial advisers are experts in helping you deal with your pensions on divorce and the implementation of pension sharing orders.

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Transparency

We aim to offer simplified, sensible and valuable advice with clear and transparent fees available to see on our website. Our aim is to ensure that you understand what our advice looks like and what it costs before you contact us for further information.

Contact Veracity

If you want a review of your Pension(s) or would like to understand more about how pensions work; get in touch with our advisers to arrange an initial consultation.

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