You will have earned your retirement, but planning for it can be complex. While pension providers administer schemes, many people find it helpful to have support in understanding and keeping track of their pensions. At Shore, we can advise you on a suitable and sustainable approach to generating income in retirement, based on your needs and circumstances.
From annuities and flexi-access drawdown to employer auto-enrolment schemes, pensions can involve complex choices. We aim to cut through jargon and make pensions easier to understand, helping you make informed decisions about your future. Many people find that retirement outcomes can be very different from what they initially expect, which is why early and appropriate planning can be valuable.
Our advisers provide independent advice tailored to your circumstances, taking account of your objectives, attitude to risk and capacity for loss.
Past performance is no guarantee of future returns.
The value of investments and any income from them can fall as well as rise.
You may not get back the full amount invested.
Personal pensions
With potential changes to state pensions, having a private pension can play an important role in retirement planning. Whether you are starting a pension or reviewing existing arrangements, we can help you explore suitable options to support your finances in retirement. Our independent status allows us to consider a broad range of pension providers, ensuring recommendations are based on suitability and value for your circumstances.
Corporate pensions
We have experience advising businesses on defined contribution pension arrangements, including workplace and auto-enrolment schemes. We can help design and review group pension arrangements that reflect your business needs and regulatory responsibilities.
Other types of pension
If you are considering options such as a stakeholder pension or a self-invested personal pension (SIPP), our advisers can explain the features, risks and benefits, helping you choose a pension arrangement that is suitable for your requirements.
RISK WARNING:
A pension is a long term investment not normally accessible until age 55 (57 from April 2028 unless the plan has a protected pension age). The value of your investments (and any income from them) can go down as well as up which could have an impact on the level of pension benefits available. Your pension income could also be affected by the interest rates at the time you take your benefits. The tax implications of pension withdrawals will be based on your individual circumstances, tax legislation and regulation which are subject to change. You should seek advice to understand your options at retirement.