pensions & retirement planning

Some people want to travel the world or take up a new hobby when they retire. Others see it as a perfect opportunity to volunteer with a local charity or start their own business. Whatever you are planning, we can help you to achieve the retirement you want and deserve.

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested

Pensions advice is a key element of our service and we have considerable experience in helping our clients with pension planning and implementation. We believe that taking control and planning for your retirement as soon as possible gives you more options. So, take the first step to govern your financial future or if you have already started, talk to us and we can undertake a comprehensive review of your plans to make sure you are on track.

starting a pension

paying into your pension

pension review

taking an income in retirement

starting a pension

Whether you have a private pension scheme already or one with your employer, it’s important to ensure that it’s on track to give you the income you want when you retire. We can help you analyse your current pension and make recommendations to achieve your goals.

Starting a pension can be daunting at any age. With our personalised approach to service we will meet with you face to face to discuss your thoughts on retirement. We will guide and steer you through the options and answer any questions you have, right from the basics to the more complex.

Paying into a pension can start at any age, and it’s never too late to improve your pension income, but the earlier you start the better, as contributions paid earlier provide the best prospects for growth.

Whether you are an employee, self-employed, a company director, business owner, a partner, or even a non-earner, it is possible to take advantage of the valuable tax breaks on offer with pensions.

Pension plans today are very flexible and you can choose to pay in small regular contributions, make ad hoc payments or a combination of the two. Most people choose to start their pension with a regular contribution. Regular contribution levels can be set to suit your budget and the amount you pay in can be varied to take account of changes in your circumstances.

Tax treatment varies according to individual circumstances and is subject to change.

starting a pension

Whether you have a private pension scheme already or one with your employer, it’s important to ensure that it’s on track to give you the income you want when you retire. We can help you analyse your current pension and make recommendations to achieve your goals.

Starting a pension can be daunting at any age. With our personalised approach to service we will meet with you face to face to discuss your thoughts on retirement. We will guide and steer you through the options and answer any questions you have, right from the basics to the more complex.

Paying into a pension can start at any age, and it’s never too late to improve your pension income, but the earlier you start the better, as contributions paid earlier provide the best prospects for growth.

Whether you are an employee, self-employed, a company director, business owner, a partner, or even a non-earner, it is possible to take advantage of the valuable tax breaks on offer with pensions.

Pension plans today are very flexible and you can choose to pay in small regular contributions, make ad hoc payments or a combination of the two. Most people choose to start their pension with a regular contribution. Regular contribution levels can be set to suit your budget and the amount you pay in can be varied to take account of changes in your circumstances.

Tax treatment varies according to individual circumstances and is subject to change.

paying into your pension

Pension rules can be extremely complex. At Rego Wealth, we have the experience and expertise to help you make the most of the available pension allowances and tax benefits. From protecting your money from the lifetime allowance tax charge, to using previous years’ allowances with pension carry forward, we can make sure your pension is working hard for you until you want to start taking an income from it.

pension review - find out if you are on track

At Rego Wealth, our pension clients benefit from our commitment to regular reviews as part of process.

Whether you are an existing client or a new client, it’s key to review your pension to ensure that your plan is on track. Plans can change, new opportunities can arise and what you think you will be doing when you retire may change at various stages of your life.

Other examples of reasons to review your pension are to check if you’re getting the maximum tax breaks, or if you need to consolidate your pensions, or if the level of risk in your pension is right for you. These are amongst a few of the reasons to review you pension regularly, but the main reason is to check that you are on track for the retirement income you want.

Our financial planners will discuss your retirement goals with you and calculate how much money you will need to achieve them. We can then forecast your future pension contributions and investment growth to see if you are on track – or how much more you need to save if you aren’t.

pension review - find out if you are on track

At Rego Wealth, our pension clients benefit from our commitment to regular reviews as part of process.

Whether you are an existing client or a new client, it’s key to review your pension to ensure that your plan is on track. Plans can change, new opportunities can arise and what you think you will be doing when you retire may change at various stages of your life.

Other examples of reasons to review your pension are to check if you’re getting the maximum tax breaks, or if you need to consolidate your pensions, or if the level of risk in your pension is right for you. These are amongst a few of the reasons to review you pension regularly, but the main reason is to check that you are on track for the retirement income you want.

Our financial planners will discuss your retirement goals with you and calculate how much money you will need to achieve them. We can then forecast your future pension contributions and investment growth to see if you are on track – or how much more you need to save if you aren’t.

defined benefit advice

Defined Benefit pensions offer exceptional retirement features for individuals . Offering protection against inflation and insulated from the volatility of stock market performance.

However, for some people, the goal of greater freedom around the payment of death benefits, tax-free cash and income have encouraged them to consider whether they should transfer their Defined Benefit pension to something more flexible.

This is an area where professional advice is essential. The advantages of a Defined Benefit transfer can be considerable but the potential disadvantages can be equally so. We pride ourselves on providing advice in this area to the highest standard. We will help you understand fully the implications of transferring your pension and we will give you clear and unambiguous advice on whether it is in your best interests to do so.

taking an income in retirement

Today there are a host of pension options available and with options come complexity, so it is important you have a professional, with up to date knowledge of pension legislation, to guide you in making the right choices. We will do all the research for you and present you with the products that provide the best monthly income for you.

You have total freedom to take money from your pension after the age of 55, but what is the best option for you personally? Our financial planners will help you to find the most tax-efficient way to take an income from a combination of your pensions, ISAs, other investments and cash savings. We can show you how much income you can afford to take each year and how long your money should last.

auto enrolment

Government legislation surrounding workplace pensions means there are now pension planning requirements for employers before, during, and after the employer’s ‘staging date’ for auto-enrolling their staff in to a workplace pension scheme. There are also penalties for non-compliance.

This can bring an additional burden on resource and time for employers. We can help by providing Automatic Enrolment advice where we can work together and help you fulfill your auto enrolment obligation.

Our pensions strategy

how we help you achieve your retirement objectives

stage 1

understanding your needs

Your financial planner will always begin by working with you to get to know you and your hopes for the future. We understand everyone’s circumstance and aspiration are unique, and we will ask many questions to ensure we recommend the best product options for you.

stage 2

personalised pension
strategy recommendation

At the strategy recommendation stage, we will recommend a pension plan that is tailored to you and we will discuss all the suitable products available to you and provide recommendations suitable to your own circumstances. Once you are happy we will get all the paperwork ready to get your pension started.

stage 3

regular personalised
pension review

Our comprehensive pensions planning process involves us reviewing your pension with you at regular intervals, for an optional on-going advisor charge. We understand that your circumstances and aspirations can change, so regular reviews will ensure that we reassess these and evaluate that your pension is working as hard as it could be.

Contact us to discuss your retirement plans

Start planning today, for tomorrow.
Speak to one of our advisers today on 01923 312310 or complete our contact form.