Planning your retirement? It’s vital to make the right decisions to ensure you maximise investment returns and draw your pension in the way that best suits your circumstances.
Atholl Scott Financial Services Ltd can help you with all areas of retirement options, including:
- Maximising pension income in the most tax efficient way using phased income and tax free cash withdrawal, using flexible drawdown and Self invested pension plans
- Taking pension benefits either in the form of an Open Market Option (OMO) or purchasing an annuity (a guaranteed pension for life)
- Ill health or enhanced annuity options which are dependent on poor health or lifestyle and in some cases can increase the amount of annual pension
It is never too early to start planning for your retirement. If you start early and make continued contributions each year at the right levels, your funds have longer to grow before you require your benefits and you should have greater choices at retirement.
For more information and guidance, or to speak with one of our independent advisers, please contact us on 01224 640227.
Taxation depends on individual circumstances as well as tax law and HMRC practice which can change.