Pensions & Retirement Planning

Most people will depend on a pension to provide them with an income when they retire. The purpose of well-planned pension provision is to ensure financial security and to maintain your standard of living during retirement.

Our role is to understand your current retirement position and help you to achieve your retirement dreams.

We have the experience and resources combined with extensive market knowledge to give you lifelong guidance in developing your retirement strategy.

Our advice will help you balance the considerable tax advantages of saving through pensions against other options, such as ISA’s, bonds and property. We will always look for the most tax-efficient solutions for your needs.

We consider the whole picture, including pensions from current and previous employment, and your State Pension. The rules and regulations and changes to pension products are always changing. We will continue to update you on a regular basis and discuss with you any implications for your pension investments.

As you approach retirement, we guide you in making the right decision regarding taking your pension, depending on your personal circumstances, the tax rate you will be liable to, and your requirements.

We consider your post-retirement circumstances by looking at your options. It may be that an annuity works best for you, or alternative options such as phasing your retirement, drawing down an income, or taking the fund in a lump sum may be more suitable for your individual situation.

We also advise on ways of passing on your pension to your next of kin after your death.

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

Tax treatment varies according to individual circumstances and is subject to change.

Investors do not pay any personal tax on income or gains, but ISAs may pay unrecoverable tax on income from stocks and shares received by the ISA managers.

The above logos refer to Dr Josh Lewis

WealthDoctor is a trading name of Wealth Doctor Financial Planning Ltd which is an Appointed Representative of ValidPath Limited which is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 197107.

The information and guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.