 |
|
|
|
|
|
|
|
 |
 |
 |
 |
 |
 |
|
|
  |
|
 |
 |
Pensions - the middle years OK. You've been in a pension fund for a few years and both you and your employer have kept the contributions going in. You might have had a few Stock Market ups and downs, but in all probability your pensions funds have grown - if you've got 20+ years of contributions, the chances are your funds have grown significantly. Generally speaking, as you get older and your invested funds get larger, you need to look at rebalancing your investments and considering a progressive movement of your funds towards lower risk investment, so that if there's a Stock Market reversal your funds are better protected. Perhaps it would be right for you to switch some of your funds to a Self-Invested Pension Plan (SIPP) to get access to a wider range of investments? That's what we can help you to decide. In the earlier years of your pensions savings these things aren't so important because if there's a dip in the Stock Markets you still have years for things to straighten themselves out again - and in fact, your contributions will buy you more investment units when the price is down, ready for when it goes up again. If you're able to consider investing more money towards your retirement - maybe the kids have left home, or the mortgage paid off, or you inherited some money - we can look with you at whether your pension fund is the best way of doing it. Although you get tax relief on pensions contributions, in return the Government imposes all sorts of rules about taking benefits from your pension. There may be more flexible or advantageous ways to invest which leave control of the benefits with you. That's where our review service comes in - there's always an opportunity to discuss different ways of doing things. Call us for a chat about what we could offer you.
|