You work hard all your life to pay for the essentials: a home, food, clothing, bills. When the time comes to retire, you have earned the right to a little relaxation, even luxury. If you have planned sufficiently well ahead you can achieve this.

A pension is one type of savings plan that the government is so eager for you to pay into, that they’ll also add to whatever you pay in through tax relief, subject to certain conditions.

There are a number of options, as with any type of Investment, according to how much you decide that you are able to save and over what period of time. To help you decide which is the right option for you, Jonathan Richards Financial Consultancy Ltd Retirement Planning can help you answer the following questions:

  • What is a Stakeholder Pension?
  • What was A-Day?
  • What is a State Second Pension?
  • What is a final salary scheme?
  • What is a money purchase scheme?
  • What is Auto Enrolment?

Our Retirement Planning Service includes detailed projections of your income and expenditure situation at and during retirement with recommendations for addressing any possible shortfalls or strategies for achieving an earlier retirement date.

Note : The value of your investments and any income from them can fall as well as rise and investors may not get back the amount invested.