Pensions

Certified Financial Advisors UK aims to provide you with access to the very best financial advisors who specialise in retirement planning.

Planning for your retirement is becoming increasingly important given the fact that we are all generally living longer post retirement.

Pension advice is critical because your pension can form such a substantial amount of your income post retirement.

Obtaining pensions advice from experienced and fully qualified professionals is a must.

It’s never too early to start paying into your pension and it’s important to understand the options available to you and the positives and negatives of each pension provider. Certified financial advisors UK can connect you to a pension’s specialist in order to achieve the retirement you desire.

Pension transfers

Transferring your existing pension to a new pension provider can in some circumstances be very beneficial.

Specialised pension advice is vitally important when deciding on completing a pension transfer as there are many factors involved. The benefits of a pension transfer are that you may be able to get better benefits and or service from a new provider; this could substantially increase your retirement income.

Pensions

Pensions can vary between providers and products. Depending upon your personal situation and requirements you can select a pension product from one of the following options:

• Stakeholder pension
• Personal Pension (PP)
• Self Invested Personal Pensions (SIPP)

Stakeholder pension

Stakeholder pensions are one of the simplest and cheapest options when saving towards your retirement. Investment amounts into your pension can be as low as £20 and are completely at your discretion, meaning you can decide upon the frequency of the payments into your stakeholder pension.

Stakeholder pensions are a flexible, tax efficient method of saving for your retirement.

Stakeholder pensions are also available to children. If this is something you are specifically interest in then please contact our network of advisors.

There are significant tax advantages available when making payments into your pension and these can substantially benefit the amount of retirement income you accumulate. Our network of experienced and qualified financial advisors will provide you with advice to how a contribution into your pension fund can benefit you from a tax perspective.

Personal Pension (PP)

Personal pensions offer an individual the opportunity to invest into a wider range of funds. Because of the wider range of investment funds available via a personal pension when compared to a stakeholder pension the charges attached to them are generally higher. This should not deter you though as these alternative funds may provide you with the opportunity to grow your pension significantly. Seeking the right pension advice for you is vital.

Self Invested Personal Pension (SIPP)

A SIPP is form of Personal pension which is UK government approved. They basically allow you to make the investment decisions personally.

Pension Loans

Pension Loans Online can provide more information about pension loans making it possible to make use of your pension fund before you are 55 years old.