Pensions & Retirement Planning

The need to save for retirement is even greater now than it ever has been. The state pension is now payable later and virtually all final salary pension schemes have disappeared except for the privileged few.

The earlier you start to save the better. The Government do give you very attractive tax incentives to save for your retirement.

• Tax relief at the level of tax you pay. For example, £100 per month would effectively either net down to £80 per month or even £60 per month
• A tax-free lump sum is available when you decide to take your pension benefits
• Unlike the state system you do not have to wait until you are in your 60's before benefiting from these savings

There are many options open to you to save for retirement so advice is essential.