There are many different types of pension schemes available and all have the same basic goal - to help you save money and provide you with an income when you reach retirement.
It’s an important decision to take and arguably you're never too young to start saving into a pension. We aim to take the jargon and mystery out of pensions and help you achieve the goals you want by offering clear independent advice that delivers the pension product that best suits your circumstances.
Please give us a ring and we’ll be happy to help you secure your financial future.
“Everything was explained perfectly and the help we received was superb…thanks for all your help” | Mr I Chilvers
What is a pension?
Basically a pension scheme is just a type of savings plan to help you save money for later life. It may also have favourable tax treatments compared to other forms of savings.
A long term savings plan
It makes sense to put some money away for when you’re older and that’s what pension schemes help you do. You save a little of your income regularly during your working life so you can have an income in later life, when you want to work less or retire.
There are several types of pension schemes. Some may be run by your employer, others you can set up by yourself. And saving into one scheme doesn’t mean you can’t save into another or use other tax-efficient savings plans like ISAs.
When the time comes for you to start enjoying your pension, there will be several options available to you. These may include being able to take a tax-free cash sum and the added security of being able to receive a regular income.
The Pensions market has also undergone several changes in the past few years so it is vital to be aware of all the latest developments to ensure you have all the information necessary to make a considered choice.
It’s therefore important to get some good advice as early as possible. We will be happy to discuss your needs and recommend which choices are best for your individual circumstances.
Please feel free to give us a call to have a chat about your financial future.
The Profit Key has a strategic partnership with Foxbridge Independent Financial Solutions Ltd which is Authorised and Regulated by the Financial Conduct Authority. Financial Services Register Number 456481. Registered in England & Wales, Company Number 04522310. Registered Office address: Prince William House, 10 Lower Church Street, Ashby De La Zouch, Leicestershire, LE65 1AB. Trading address: Chapel House, 65 The Hill, Kirkby In Ashfield, Nottingham, NG17 8JS. Telephone: 01623 750839
The guidance and or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted to customers in the UK.