Pensions

We provide specialist advice in the area of pensions, primarily for business people - company directors, partners and the self employed. With more than 20 years of experience in the field we know exactly how complex the legislation can be.

Currently, there are eight different tax and benefit regimes for pensions, depending on employment status and when the pension was taken out. April 2006, sees the government simplify this into one “simplified” pension regime going forward. We very much welcome this. However, simplification brings complication and it is important that people consider whether they need to take any action before April 2006. Link to Pension Simplification Newsletter.

We are authorised to advise on pension transfers which requires a special professional qualification.

We provide specialist advice regarding self invested pension arrangements, SSASs and SIPPs and we are delighted to have access to the services of Pensioneer Trustees, A J Bell Limited who administer the majority of self invested arrangements for our clients. This bespoke service is used primarily where individuals which to use pension funds to purchase property. For the up to date position on residential property ownership see Bells [Link to AJ Bell website].

Of course, in its purest form, a pension is simply a tax wrapper for a portfolio of investments. For those who require a more bespoke approach to investment than that offered by insurance companies’ Managed or With Profits Funds, we offer our Tailored Asset Management service.

If you would like a review of your existing pension arrangement please email us.