Directors’ Retirement

You’ve taken the risks; worked hard, made the sacrifices and one day you’d like to enjoy the fruits of your labours. But whilst retirement will represent a major change in your lifestyle and allow you to take things at a more leisurely pace, your ability to take full advantage of the benefits of this new phase of your life will be very much dependent on your available finances.

If you’re a director or a business owner, pensions may play only a small part in your retirement plans and assets such as property may be available to provide an income in your retirement however with careful planning pensions offer significant tax advantages, and can provide a useful tax planning tool.

For some, pensions have been something of a black hole into which people pour money, with no real understanding of what will happen to it or what they’ll get out, and they’ve been tarnished with a perception of poor performance aligned with high charges.

However some modern pensions such as Self Invested Personal Pensions (SIPP) or Small Self Administered Schemes (SSAS) can offer a real alternative for you to take control of your investments, and with regular reviews and support, you should be able to fulfil your expectations.

David Allen Wealth Management will work with you to identify your financial requirements upon retirement and help you put in place a robust strategy giving you greater flexibility, choice of investment and lower costs.

The value of investments can fall as well as rise and any income from them is not guaranteed.  Past performance is not a guarantee to future performance.