Retirement & Pension Planning

Retirement & Pension Planning

For some people, retirement can last almost as long as their working lives, having enormous financial implications.

Making a plan for a long and prosperous retirement is very likely to involve investments in pensions (some of the recent legislation in this area making these much more attractive and tax-efficient). But there is, of course, much more to retirement planning than pensions and your strategy should encompass all aspects of what is, for most people, the biggest change in their financial circumstances during their adult lives.

The range of such strategies has never been wider and knowing which opportunities to take advantage of, and when, is crucial. A combination of tax benefits and investment options can be selected, with the aim of ensuring that you achieve your retirement goals. The flexibility and control provided by our approach to investment can yield a distinct advantage, whichever strategy is chosen.

Pensions & Divorce

Unfortunately, we are seeing an increasing number of marriages ending in divorce. In many cases, one or both partners has significant pension assets that make up a large percentage of the matrimonial assets.

Pension rights can be one of the most complex aspects of a divorce or dissolution settlement. It is imperative that advice is obtained from the various professionals to ensure all angles are covered, including the services of a solicitor and financial adviser.

We have extensive experience in dealing with such matters and in liaising with fellow professionals and their clients.

 

Stay in touch

If you would like to keep up to date with current industry trends or receive details of our product developments, seminars, events and newsletters, just fill in your details below.

News feed

Prosser Knowles planners qualify for VouchedFor Top Rated guide

We have exciting news here at Prosser Knowles, four of our Financial Planning Consultants have qualified for t...

Guide: 10 ways to make the most of your garden in 2021

After a year of lockdown measures, our gardens and outdoor spaces have become far more important. In fact, mor...

Relief for savers as “tax day” sees government announce no significant tax reforms

Late last year, the government announced that a range of documents and consultations on future tax policies wo...

7 signs your client may need financial planning

Many people know that speaking to a financial planner can be a life-changing decision and can bring a variety...

5 easy ways to beat insomnia

If you’ve had trouble sleeping in recent months, you aren’t alone. According to research by the University of...

Everything you need to know when saving for your children

As a parent, you’ll want to give your children the best start in life and so it’s likely that you’ve started t...

4 strategies for more effective budgeting

In recent months, many households have had to tighten their belts due to the economic impact of the coronaviru...

Budget 2021 – The winners and losers

A year ago, Rishi Sunak delivered his first Budget just as the pandemic began to take hold. While his £30 bill...

Your 2021 Budget summary

On Wednesday 3 March, Rishi Sunak delivered his second Budget as chancellor. The Budget outlines the state of...

Bridging the “advice gap”: how your millennial clients can benefit from seeking financial advice

For many millennials, the coronavirus pandemic was a trigger to seek financial advice. According to a study by...

5 effective ways to boost your immune system this winter

It’s that time of year when coughs and colds start to spread, despite our best efforts to avoid them. Whilst t...

How the change from RPI to CPIH could impact your pension

If you’re a keen saver, you’ll know that it’s important to keep an eye on the rate of inflation as it can erod...

3 simple ways for millennials to gain more financial peace of mind

According to a recent study by market research firm Mintel, millennials are Britain’s most-indebted generation...

Guide: Behavioural biases, and how they affect your financial decisions

Our latest guide is in partnership with Neil Bage, founder of Be-IQ, a fintech company focused on behavioural...

Managed Portfolio Service Newsletter – January 2021

January 2021 Update Provided by Quilter Cheviot Investors were ultimately rewarded for their patience and dis...