Retirement Planning Key Considerations

Our primary function is to help you achieve your goals: by creating the right financial foundation to reflect your individual circumstances.

All pension schemes in the UK now operate under a single system of rules (introduced on 6 April 2006 – ‘A’ Day).

Both the structuring of pension arrangements and the flexibility of specific investment products have advanced in recent years. 

The Lifetime Allowance ‘charge’ was removed from 6 April 2023 - the legislation for this was included in the Finance (No.2) Act 2023.

Contributions into the scheme are limited by the annual allowance. The Annual Allowance is currently up to a maximum of £60,000 (2024/2025).

Ut ultrices, ipsum at venenatis fringilla, sem nulla lacinia tellus, eget aliquet turpis mauris non enim. Nam turpis. Suspendisse lacinia. Curabitur ac tortor ut ipsum egestas elementum.

Before you start to plan how you are going to fund your retirement, it's worth spending some time thinking about your retirement budget. That way you establish what your minimum income requirement will be. After all, no one wants to be left in a position where they run out of money!