HomeOur advisers can help you make the right decisions as you approach retirement
Contact our team of advisers today:
0115 933 8433
Welcome to the Investment Sense Retirement Centre.
You’ve saved hard to build up your pension fund, now you have some difficult decisions to make.
How do you create an income from your pension?
There are a series of frankly bewildering choices, leading many people to simply take the Annuity offered to them by their existing pension provider, potentially causing years of lost income.
We believe this is wrong.
We are passionate about ensuring you get all the information you need to make the best possible choices at such a crucial time in your financial life. That’s why we have joined the industry wide Offer More Options campaign and created our Retirement Centre.
You will find a wide range of resources in our Retirement Centre, all of which are free for you to use as much as you like, and designed to give you more information about the options available to you.
Open Market Option
Approximately 1 in 3 people do not take advantage of the Open Market Option facility (Source: Pension Income Choice Association) and simply take the Annuity offered to them by their current pension provider without looking at the alternatives.
Many people know that Income Drawdown is an alternative option to an Annuity but immediately dismiss it due to risk, fund size or perceived high charges. There is less knowledge of other Annuity based options such as Enhanced Annuities where health and lifestyle issues are taken into account and also Fixed Term Annuities , which offer more flexibility in the future but with a guaranteed income.
Even if an Annuity is chosen, once other options have been discounted, the benefits of shopping around and finding out whether you qualify for an Enhanced Annuity should not be underestimated.
Click here to see how an Enhanced Annuity can improve your income
When taking an income from your pension you have various different options, though of course it isn’t that simple. Follow the links below to learn more about the different options you have and the pros and cons of each route:
Income Drawdown including Capped & Flexible Drawdown
These three areas of our retirement guide help complete the picture:
6 Steps to take leading up to retirement
Five golden rules to help you get a better Annuity – watch now
Our independent online pension Annuity Calculator will help provide you with real time, accurate quotes, from a wide range of Annuity providers, it is free to use and a great starting point when trying to assess your options.
Click here to visit our Annuity Calculator
Our team of Independent Financial Advisers in are experienced in developing retirement income strategies for clients the length and breadth of the UK. If you are approaching retirement and would like advice on your options call one of our IFAs today on 0115 933 8433, alternatively enquire online or email info@investmentsense.co.uk
Whatever route you pursue, take advice; the decisions you make will affect your income for the rest of your life.
