Retirement: When the right answer is to do nothing at all

iStock_000029045488XSmallIf you’re close to your anticipated retirement date or State Pension Age (SPA), your thoughts will be dominated by how to turn your pension pot into an income. Questions such as, is Annuity or Income Drawdown right for me? Would another option be better? How can I get the best Annuity rate will rightly dominate your thoughts. But, there is one option which is all too often overlooked: Deferral....

Retirement: New hope for Income Drawdown investors?

If recent press articles are to be believed there might be new hope for Income Drawdown investors, some of whom have been hit by falling incomes of up to 50%. Income Drawdown, also known as Capped Drawdown, has long been one of the most popular ways, along with buying an Annuity, to take an income from a pension; however retirees who have selected this option have seen their incomes fall in recent years. Worried about your Income Drawdown plan? ...

Pensions: 7 things to do in the year before retirement

7 things to do in the year before retirementThe transition from work to retirement is a big step for most people and takes careful planning to make sure your finances are in good shape to give you what will hopefully be a comfortable retirement. But as you approach retirement what are the things you should be considering? What can you do to ensure you get that comfortable retirement? How should you arrange your finances? Our team of advisers are highly experienced in providing retirement ...

Fixed Term Annuity, a different option to a traditional Annuity

We are proud members of the industry wide ‘Offer More Options’ campaign and are passionate about ensuring our clients make the best possible decisions at the time of their retirement. Many people know that an Annuity is one option for them, although in practice only about one third of people shop about for the best rate, and many also know that Income Drawdown is available. However, over the past couple of years, there has been more development in this area, the result being Third Way Annuities.