Retirement Planning

Retirement and pension planning requires careful consideration of benefits, tax implications, and affordability. At Churchill Wealth Management, our pension specialists provide tailored advice to suit your individual circumstances.

We work with our clients to design a bespoke pension plan tailored around their individual circumstances and objectives. Our company is built on the strength of our client relationships, and we commonly work with our clients for many years.

Income Drawdown

Income drawdown is a more flexible way of approaching your retirement than the purchase of an annuity. By leaving your funds invested, you allow for growth whilst still taking an income. Given the changes in legislation introduced in April 2015, retirees now have more flexibility regarding not only how they take their income, but also how they leave the remaining funds on death to their children.

Annuities

We are happy to provide comparative quotes to those who may have been offered a specific annuity rate by their provider, or help you understand the circumstances under which an annuity should be considered. Annuities offer a guaranteed income and are usually available when you can access your pension from the age of 55 onwards, although this is set to go up to 57 on 6th April 2028.

Setting up your Pension

Your pension is likely to provide a large part of your income in later life and with so many options available, getting pension advice on setting up your pension plan and its ongoing management is crucial. At Churchill Wealth Management, we will help you find the pension most suited to your objectives and ensure you have assistance up to and beyond taking your benefits in later life.

Transferring or Consolidating a Pension

If you would like to discuss potentially transferring or switching a pension, or consolidating several pensions, please don’t hesitate to contact us. We are specialists in this area and can explain in simple terms the pros and cons of such decisions. Pensions can be far simpler than people suspect, and pension planning is one of the most rewarding aspects of the service we provide.

Pension Advice Service

We are proud of the pension advice service we provide. We enjoy working with clients before and during their retirement to ensure that they have sufficient income to enjoy this time. Often this means reviewing existing pensions or establishing new pension plans for clients, although as part of our holistic financial planning service we always consider other options for income in retirement, including using ISAs and General Investment Accounts.

We do not charge for an initial, no obligation meeting... If you would like to find out more about our services, please do not hesitate to contact us.