Pension Advice
Retirement Planning
Whether you are planning for retirement in the future or trying to organise your existing pension arrangements for imminent retirement, the choices are rarely straightforward. That’s where Churchill Wealth Management can help.
“I have always found the team at Churchill extremely helpful.”
Rob M (Bristol)
There are several options available when planning for retirement and organising your pensions. Great care needs to be given when considering the benefits, tax implications and affordability of any pension plan. At Churchill Wealth Management, we have highly qualified pension specialists that will ensure you are given the most appropriate advice whatever your situation or arrangements.
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.
Pension Advice Bristol
To book an appointment with our pension advisers, please contact Churchill Wealth Management on 0117 923 7652 or click here to use our contact form »
A pension is a long-term investment. The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available. Pension income could also be affected by interest rates at the time benefits are taken.
Pension savings are at risk of being eroded by inflation.
The tax treatment of pensions in general and tax implications of pension withdrawals will be based on individual circumstances, tax legislation and regulation, which are subject to change in the future.
Accessing pension benefits early may impact on levels of retirement income and your entitlement to certain means tested benefits.
Accessing pension benefits is not suitable for everyone. You should seek advice to understand your options at retirement.