How much do you spend during a week’s holiday? Imagine the cost if you had 52 weeks' holiday every year! What sort of lifestyle do you envisage after retirement?
Great changes lie ahead in the world of pensions and this affects your retirement planning. The government is committed to individuals making private pension provisions and not relying on the state. How will this affect you?
La Playa can advise on both personal and company pension schemes and make recommendations as to which insurance companies and funds are most appropriate to suit your circumstances. We can also help with retirement planning, and the various choices you have to make when you come to take your pension.
Talk to us about structuring your financial plans for your retirement.
Perhaps the most important question when you have accumulated your pension wealth is "What's the best way for me to take an income?"
The rules around taking the benefits from your pension have relaxed over the past few years, giving much more flexibility as to how and when they are taken.
Planning for future changes in your circumstances is as important at this stage as ever. Contact us about retirement income planning in the context of the changing pensions landscape.
Self-Invested Pension Plans (SIPPs) work well for people who prefer to have more control of the underlying investments of their pension assets. Unlike the PP/SHP, a SIPP can invest directly into shares, commercial property - even art & antiques.
ASIPP is the tax wrapper that fits around the investments, but gives the freedom for the individual to diversify their assets between a multitude of different investment vehicles.
Talk to us about how a SIPP might work for you.
Many of us are familiar with Personal Pensions - either through group arrangements offered by employers, or it may be something you've considered taking out yourself.
A Personal Pension is a tax-efficient, long-term savings plan that allows you to build up a pot of money to provide an income in retirement. You can decide how much is paid in, where your money is invested and, sometimes, who is managing the scheme.
A Stakeholder Pension is similar to a Personal Pension, but with slightly fewer options and fixed charges.
Talk to us about Pensions and Retirement Planning and see which pension plan might work best for you.
La Playa’s intelligent approach to financial services is founded on absolute integrity, an in-depth understanding of our clients, a high calibre team of advisers and a commitment to excellence in service.
Investing with Intelligence
Together with our sister company La Playa Ltd, we offer a joined-up approach, with insurance and other financial services all under one roof.
Get in touch - our initial consultation is free, and it could be the best move you make this year.