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Wealth Management by Napier Hammond
Pension Planning

Pension Planning

Pensions are often considered complicated. Pre-1987, Retirement Annuity Contracts and Defined Benefits. Fortunately since 2006 the situation is somewhat more straightforward:

  • Retired individuals can take a Tax Free 25% lump sum from any of their Pensions.
  • There is no need to purchase an Annuity at 75 years of age. Individuals can now maintaining their draw from their existing Pension whilst also maintaining their existing Investment Strategy.
  • Pensions can be consolidated in a more efficient and straight forward fashion.
  • Investment options allow for individuals to transfer Pensions into a Self Invested environment and choose to make their own investment decisions or to hire a firm to do this for them.

 

At Napier Hammond we base our advice on Suitability, Cost & Investment Strategy. If we can improve your circumstances we'll explain comprehensively how. If not, we can remain involved and regularly review your situation at no cost to you.


To find out more, start by clicking on Contact us and request our Guide to Pension Planning.



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