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Retirement Planning - Speak to the Specialists

As people get to retirement today they will probably live longer than previous generations. Therefore, you could find yourself living another 30 years after you finish work. To fund your lifestyle throughout this period you will need a regular income.

Tax Relief

Being a member of a company scheme or saving into a pension plan is a way of building up a fund obtaining tax relief as you contribute which will go some way to providing that income at retirement.

There are different types of pension plans available from the simple “Personal Pension “through to complex “Self-Invested Personal Pensions (SIPP) and Small Self-Administered Schemes (SSAS)” schemes. There is also the Defined Benefit scheme (DB Scheme) or Final Salary scheme as it is more commonly known.

As retirement planning specialists we will advise you on the most suitable course of action for your circumstances

You may have one of these or indeed you may have a few different types of pension. When you get to the time in your life where you want to rely on an income stream from these you have a few decisions to make. We will advise you on the most suitable course of action for your circumstances and guide you through the investment choices you need to make throughout your life.

Retirement Choices

At Retirement, you probably have more options and more to consider than when you first started or joined a scheme.

  • Do you require a Guaranteed income?
  • Should you take the Tax-Free cash?
  • What type of annuity should you choose?
  • Do you have any health issues?
  • What additional benefits do you need i.e. Spouses pension?
  • Should you use a Flexi Access Drawdown Contract?
  • How much flexibility do you want?
  • Do you know the risks?
  • Is this the right decision for you?

The above are some of questions you need to consider at retirement. We have the knowledge and technology to assist you by researching the market and providing you with a report which helps you make your decision and gives you clear reasons why the course of action is suitable for you.

We are retirement specialists - Call us on 0191 716 0009

Get in touch

Bailey Richards Wealth Management Ltd
9 Riverside Studios, Amethyst Road, Newcastle, NE4 7YL
Telephone: 0191 716 0009
Fax: 0191 716 0034

Regulatory Statement

Bailey Richards Wealth Management Ltd is authorised and regulated by the Financial Conduct Authority. Registration number 583487. Click here to review our registration.

Registered in England & Wales, Registered No: 08058075, registered address:
Suite 4, Earlshouse, Earlsway, Team Valley, Gateshead, Tyne and Wear, NE11 0RY
The guidance contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK

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