Pre and Post Retirement Advice
Many of your most important decisions will be made in the years leading up to your retirement and very shortly before you start to draw the benefits from your pension arrangements.
Individuals face many risks when planning - investment risk, inflation risk and interest rates to name a few. The impact of getting these wrong in the years immediately prior to retirement can prove to be the most damaging of all as you will have less time to recover a situation. With two distinct falls to global stock markets returns since the turn of the millennium, protecting the purchasing power of your pension fund as you near retirement is of paramount importance.
In an ideal world, a pension fund would continue to rise in value leading up to retirement, but remain secure at all times. In reality we all know this may not be the case (with many Money Purchase schemes) and simply depends on how and where the money is invested, and how these assets perform.
Individuals face many risks when planning - investment risk, inflation risk and interest rates to name a few. The impact of getting these wrong in the years immediately prior to retirement can prove to be the most damaging of all as you will have less time to recover a situation. With two distinct falls to global stock markets returns since the turn of the millennium, protecting the purchasing power of your pension fund as you near retirement is of paramount importance.
In an ideal world, a pension fund would continue to rise in value leading up to retirement, but remain secure at all times. In reality we all know this may not be the case (with many Money Purchase schemes) and simply depends on how and where the money is invested, and how these assets perform.
So the big question is:
How can we protect against a potential downside whilst giving the potential to benefit from upside returns in the years leading up to retirement?
This question is often raised by our clients and is the question we aim to answer and fulfil from our tailored solutions.
When you do reach the point in time at which you want to commence drawing your pension benefits, there are many factors to take into account, choices to be made and options to be considered. Many individuals do not realise that they can shop around in retirement for the best deal when effectively swapping their pension pot for an income stream.
At Sovereign, we understand the importance of being proactive with our clients as they near retirement and our Retirement Specialists are on hand to tailor solutions to your individual position and objectives.
How can we protect against a potential downside whilst giving the potential to benefit from upside returns in the years leading up to retirement?
This question is often raised by our clients and is the question we aim to answer and fulfil from our tailored solutions.
When you do reach the point in time at which you want to commence drawing your pension benefits, there are many factors to take into account, choices to be made and options to be considered. Many individuals do not realise that they can shop around in retirement for the best deal when effectively swapping their pension pot for an income stream.
At Sovereign, we understand the importance of being proactive with our clients as they near retirement and our Retirement Specialists are on hand to tailor solutions to your individual position and objectives.
In particular, we can provide you with independent advice in any of the following areas:
This advice is provided by our specialist
Wealth Management company IFA South LLP.
- Annuity Purchase
- Enhanced / Impaired Life Annuity Purchase
- Income Drawdown (Pension Fund Withdrawal)
- Phased Retirement
- Combination of Phased / Drawdown
This advice is provided by our specialist
Wealth Management company IFA South LLP.